$BEAT /USDT Perpetual – Setting up a short trade (counter-trend)
🔴 Trade type: Short
📍 Entry zone: 3.00 – 3.08 USDT
🛑 Stop loss: 3.22 USDT
🎯 Take profits:
TP1: 2.90 USDT
TP2: 2.75 USDT
TP3: 2.55 USDT
Why consider a short trade?
The price has already risen strongly, increasing the likelihood of taking profit.
If buying momentum weakens near the resistance level, a pullback may form.
Wait for a bearish confirmation (such as rejection from resistance or an increase in sell volume) before entering—don’t open a short trade just because others are optimistic.
Using sound risk management is important, especially if the broader market remains bullish, because counter-trend short trades carry higher risk.