$BEAT dropped by 60%; do you dare to keep shorting along with this momentum?
Asset: BEAT/USDT
Direction: Short
Entry & Risk Control
Entry: 0.782 - 0.805
Stop Loss: 0.950
Take Profit: 0.760 → 0.685 → 0.550
Quick Take:
After the top at 6.36, it directly executed an A-kill move—there was never any breathing room left for the bulls. Now it looks like it has reached the lower band area, but the MACD green histogram is still diverging downward, indicating that liquidation and panic selling are still pouring in. 0.95 above has become the extreme resistance zone. As long as price can’t break through this line, it will most likely test the support/accumulation levels again at 0.68 or even deeper.
Execute the short order below👇
Asset: BEAT/USDT
Direction: Short
Entry & Risk Control
Entry: 0.782 - 0.805
Stop Loss: 0.950
Take Profit: 0.760 → 0.685 → 0.550
Quick Take:
After the top at 6.36, it directly executed an A-kill move—there was never any breathing room left for the bulls. Now it looks like it has reached the lower band area, but the MACD green histogram is still diverging downward, indicating that liquidation and panic selling are still pouring in. 0.95 above has become the extreme resistance zone. As long as price can’t break through this line, it will most likely test the support/accumulation levels again at 0.68 or even deeper.
Execute the short order below👇