📉 Short Alert on $BEAT : 🛑🔽
Pyramid Pattern!
The daily chart shows a violent 'pyramid' pattern (spike top). The price quickly rose from 0.19 to 0.78 and is now plummeting to complete the cycle, breaking all supports. The selling momentum is total, with RSI at 20. The market is seeking the liquidity from where the pumping started.
🛑🔽Trade Setup: SHORT 🛑🔽
🚪 Entry: Zone 0.30 - 0.32 (near the MA7 on a bounce)
🎯 Target 1: 0.22
🎯 Target 2: 0.19 (Initial pump level)
🚫 Stop Loss: 0.38
Manage your risk. #beat #short #tradingtips #BinanceSquare
Pyramid Pattern!
The daily chart shows a violent 'pyramid' pattern (spike top). The price quickly rose from 0.19 to 0.78 and is now plummeting to complete the cycle, breaking all supports. The selling momentum is total, with RSI at 20. The market is seeking the liquidity from where the pumping started.
🛑🔽Trade Setup: SHORT 🛑🔽
🚪 Entry: Zone 0.30 - 0.32 (near the MA7 on a bounce)
🎯 Target 1: 0.22
🎯 Target 2: 0.19 (Initial pump level)
🚫 Stop Loss: 0.38
Manage your risk. #beat #short #tradingtips #BinanceSquare