$BEAT is up 40% and showing rejection at the highs. Here's why 👇
After climbing from 0.06523 to 0.1125 in 3 days (+40% on the day), momentum is showing signs of exhaustion.
It pushed above 0.10994 for a moment, got sold hard from 0.1125 and BEAT is now right at that old high again. Looks like a breakout that didn't hold, and anyone who bought up there is probably getting nervous.
The spot I care about is 0.07461. That's $BEAT where the last dip bottomed (it retraced 79% of the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.1125 though, I'm wrong.
📌 My BEAT trade: short from 0.11091, stop at 0.12906, target 0.07461 (+32.7%, 1:2)
📊 24h Vol: $63.9M | 24h Chg: +39.7% | Funding: +0.0256%
Am I wrong? Tell me why below 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#BEAT #Crypto #Trade
After climbing from 0.06523 to 0.1125 in 3 days (+40% on the day), momentum is showing signs of exhaustion.
It pushed above 0.10994 for a moment, got sold hard from 0.1125 and BEAT is now right at that old high again. Looks like a breakout that didn't hold, and anyone who bought up there is probably getting nervous.
The spot I care about is 0.07461. That's $BEAT where the last dip bottomed (it retraced 79% of the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.1125 though, I'm wrong.
📌 My BEAT trade: short from 0.11091, stop at 0.12906, target 0.07461 (+32.7%, 1:2)
📊 24h Vol: $63.9M | 24h Chg: +39.7% | Funding: +0.0256%
Am I wrong? Tell me why below 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#BEAT #Crypto #Trade
