Traders who shorted $BEAT from its peak have likely seen significant gains.

This move indicates successful bearish sentiment following a substantial price increase.

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The Entry point for these traders would have been crucial for maximizing profit.

Careful monitoring of the market and a well-timed sell order were key.

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Stop Loss (SL) placement would have been essential to manage risk.

A tight SL could have protected against unexpected price reversals.

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Take Profit (TP) levels would have been set to secure gains.

The strategy likely involved anticipating a market correction or consolidation.

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This scenario highlights the effectiveness of short-selling strategies in volatile markets.

It's a testament to disciplined trading and risk management.