$BEAT | SHORT SETUP 📉
$BEAT is flashing signs of exhaustion after failing to sustain its move near the recent highs. Repeated rejection from resistance suggests buyers are losing momentum, opening the door for a corrective move lower.
Entry Zone: $3.08 – $3.12
Stop Loss: $3.25
Profit Targets: 🔻 TP1: $2.95
🔻 TP2: $2.85
🔻 TP3: $2.70
Why this setup? • Strong rejection from a key resistance zone.
• Momentum is cooling after an extended rally.
• Risk-to-reward remains favorable if price respects the entry range.
• A breakdown below nearby support could trigger a sharper sell-off toward the downside targets.
⚠️ Stay disciplined, size your position wisely, and never risk more than you can afford to lose.
$TLM