As of March 25, 2025, $BEAMX

(BEAMX) is trading at approximately $0.00895. The price recently surged but was unable to maintain levels above the $0.0098 high, leading to consecutive bearish candles and increased selling pressure.

Key Levels:

Resistance: $0.00960 – $0.00984

Support: $0.00865

Trade Setup:

Entry Zone: $0.00900 – $0.00920

Stop Loss: $0.00985

Targets:

TP1: $0.00880

TP2: $0.00865

TP3: $0.00845

Market Insight:

The recent price action indicates a failure to sustain above the $0.0098 level, with the emergence of consecutive bearish candles and increasing selling pressure.

Pro Tip:

Consider waiting for a clear rejection around the $0.00920 area or a breakdown below $0.00890 before entering a short position. This approach may offer a favorable risk-reward ratio for bearish trades.