$BEAT /USDT SHORT
Trade Plan
Entry: 0.94 – 0.98
SL: 1.045
TP1: 0.893
TP2: 0.850
TP3: 0.800
BEAT has broken sharply lower and is currently at 0.916, well below the MA(7) 1.0071, MA(25) 1.1034 and MA(99) 1.1199. This gives the chart a clear bearish structure. However, chasing the current candle is risky after such a fast decline. A bounce toward 0.94–0.98 followed by rejection would offer a cleaner short entry. The recent 0.893 low is the first major support; losing it could accelerate the move toward 0.85 and 0.80.
$BEAT
Trade Plan
Entry: 0.94 – 0.98
SL: 1.045
TP1: 0.893
TP2: 0.850
TP3: 0.800
BEAT has broken sharply lower and is currently at 0.916, well below the MA(7) 1.0071, MA(25) 1.1034 and MA(99) 1.1199. This gives the chart a clear bearish structure. However, chasing the current candle is risky after such a fast decline. A bounce toward 0.94–0.98 followed by rejection would offer a cleaner short entry. The recent 0.893 low is the first major support; losing it could accelerate the move toward 0.85 and 0.80.
$BEAT