$BEAT long setup: short-covering risk builds ๐
Target: 2 โ
After an extended 81-day drawdown, the structure is showing early signs of absorption again. Selling pressure appears to be fading, while a cluster of open short exposure above price could create a clean short-covering move if momentum confirms.
The level around 2 is the key profit-taking zone for this setup. From there, reassessing structure before considering any reversal makes more sense than chasing.
Not financial advice. Manage your risk.
#BEAT #LongSetup #CryptoTrading #Altcoins
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