$BEAT BIG SHORT SETUP? 🔥
Guys, BEAT has faced a massive sell-off, dropping nearly 59% on the 4H chart.
Price is currently around $1.08, sitting near the recent low zone. After such a sharp dump, I would not chase a short at the bottom. Better to wait for a small rebound/retest and then look for rejection.
Entry Zone: $1.15 – $1.30
🎯 Target 1: $1.05
🎯 Target 2: $0.95
🎯 Target 3: $0.85
🎯 Target 4: $0.75
🛑 Stop Loss: $1.40
If price breaks and holds above $1.40, the short setup becomes weak and should be avoided.
My view: Strong bearish momentum is visible, but because the coin has already dumped heavily, a relief bounce can happen anytime. Wait for confirmation/rejection instead of FOMO entry.
Trade with proper risk management.
Not Financial Advice — DYOR. ❤️
Short here 👇🏻
Guys, BEAT has faced a massive sell-off, dropping nearly 59% on the 4H chart.
Price is currently around $1.08, sitting near the recent low zone. After such a sharp dump, I would not chase a short at the bottom. Better to wait for a small rebound/retest and then look for rejection.
Entry Zone: $1.15 – $1.30
🎯 Target 1: $1.05
🎯 Target 2: $0.95
🎯 Target 3: $0.85
🎯 Target 4: $0.75
🛑 Stop Loss: $1.40
If price breaks and holds above $1.40, the short setup becomes weak and should be avoided.
My view: Strong bearish momentum is visible, but because the coin has already dumped heavily, a relief bounce can happen anytime. Wait for confirmation/rejection instead of FOMO entry.
Trade with proper risk management.
Not Financial Advice — DYOR. ❤️
Short here 👇🏻