Momentum remains strong, but price is testing a key resistance zone where volatility and profit-taking may increase.
$BEAT /USDT – LONG
Trade Plan:
- Entry: 3.48 – 3.54
- SL: 3.28
- TP1: 3.70
- TP2: 3.95
- TP3: 4.25
Why this setup?
- The 1H trend remains bullish, with price trading above the major EMAs.
- Buyers continue to defend higher lows, maintaining a strong bullish market structure.
- RSI is around 86, showing very strong momentum, but also indicating overbought conditions where short-term pullbacks are possible.
- A sustained move above the current resistance could trigger another impulsive rally.
Debate:
Will buyers break above 3.54 and extend the rally toward 4.25, or will overbought conditions trigger a pullback before the next leg higher?
Click here to Trade 👇️$BEAT
$BEAT /USDT – LONG
Trade Plan:
- Entry: 3.48 – 3.54
- SL: 3.28
- TP1: 3.70
- TP2: 3.95
- TP3: 4.25
Why this setup?
- The 1H trend remains bullish, with price trading above the major EMAs.
- Buyers continue to defend higher lows, maintaining a strong bullish market structure.
- RSI is around 86, showing very strong momentum, but also indicating overbought conditions where short-term pullbacks are possible.
- A sustained move above the current resistance could trigger another impulsive rally.
Debate:
Will buyers break above 3.54 and extend the rally toward 4.25, or will overbought conditions trigger a pullback before the next leg higher?
Click here to Trade 👇️$BEAT