Trading Plan Short $BEAT
$BEAT just flushed to yesterday's low, finding temporary support there.
Entry: $0.865-$0.885
Stoploss: $0.935
Targets: $0.820 / $0.730 / $0.620
BEAT is printing fresh lows. 1H BB is stretched, but width is compressing. Retail longs are stacked at 1.59, ready to be flushed. Taker sell volume dominates. Funding is rising, longs paying for the privilege. This is a clean continuation short. Reclaim $0.935, short voided.
#BinanceSquareTalks
Trade $BEAT here 👇
$BEAT just flushed to yesterday's low, finding temporary support there.
Entry: $0.865-$0.885
Stoploss: $0.935
Targets: $0.820 / $0.730 / $0.620
BEAT is printing fresh lows. 1H BB is stretched, but width is compressing. Retail longs are stacked at 1.59, ready to be flushed. Taker sell volume dominates. Funding is rising, longs paying for the privilege. This is a clean continuation short. Reclaim $0.935, short voided.
#BinanceSquareTalks
Trade $BEAT here 👇