$BEAT trade alert
Short opportunity from 2.35 to 2.40 zone
Yo $BEAT had a massive run from 1.55 all the way up to 2.33
That's about 50 percent gain in a short time
Now it's sitting at 2.29 and starting to show signs of exhaustion
EMA 100 is at 1.82 and EMA 200 at 1.78 both are far below
Price is extended and due for a cooldown
MACD is positive at 0.0262 but the histogram is shrinking
Momentum is slowing down at the top
Volume is dropping current vol is 1.46M while MA5 was 1.47M
Sellers are starting to step in
The best short entry is between 2.35 and 2.40
First target is 2.20
Second target is 2.10
Stop loss above 2.50
