$BEAT 📌 $PROMPT 📌 $BAS
FOR LOVERS OF QUICK MONEY!
When you see these parabolic rises (like in BEAT or FOLKS), you should think of one thing: extreme overbought conditions. The price has moved too quickly away from its moving averages (its 'gravity').
Should you enter Long now? Extremely high risk! You would be buying at the top.
The real opportunity will come when these coins make a natural correction. For example, if BEATUSDT drops from its current price of $2.7875 to seek its support, that’s where smart traders wait to enter Long.
💡 A good trader knows that euphoria (brutal rises) is the moment for others. The correction (sharp drops) is their moment.
- Do not chase the giant green candle. It’s a trap.
- Wait for a pullback to a key support (MA(25) or MA(99)) and only enter if there’s a confirmed bounce.
🧘♂️ Weekend Advice.
"The weekend has less volume and less liquidity. This can make movements erratic and more manipulable.
📌 Reduce your leverage by half. If you normally trade at 10x, use 5x. Low liquidity increases the risk of your Stop-Loss slipping and taking you out of the market unintentionally. Protect your capital and only trade the clearest and safest setups.
HAVE YOU ALREADY USED THE PERPETUAL FUTURES DEMO?
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