Trading Plan Short $BEAT
$BEAT failed to reclaim EMA21 after a 4h rejection, sellers aggressive.
Entry: $2.40-$2.47
Stoploss: $2.55
Targets: $2.30 / $2.10 / $1.85
BEAT got slapped down from EMA21 resistance. Taker sell volume dominates, pushing price into the BB lower half. Funding rising slightly, but OI bleeds, suggesting longs are exiting. This is a clean trend continuation short after the 1h breakdown. Lose $2.55, short voided.
#BinanceSquareTalks
Trade $BEAT here 👇
$BEAT failed to reclaim EMA21 after a 4h rejection, sellers aggressive.
Entry: $2.40-$2.47
Stoploss: $2.55
Targets: $2.30 / $2.10 / $1.85
BEAT got slapped down from EMA21 resistance. Taker sell volume dominates, pushing price into the BB lower half. Funding rising slightly, but OI bleeds, suggesting longs are exiting. This is a clean trend continuation short after the 1h breakdown. Lose $2.55, short voided.
#BinanceSquareTalks
Trade $BEAT here 👇