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$BEAT Long Position Trading Plan for (10x)
👉Entry: 0.5400 – 0.5600
SL: 0.5300
TP1: 0.5800
TP2: 0.6000
TP3: 0.6250
BEAT shows a clear breakout attempt after a consolidation period. Momentum is gradually increasing, volume is improving, and the price is approaching a significant resistance zone. This indicates a potential breakout.
The stop-loss point is placed below 0.5300, a relatively clear area that invalidates the long position scenario.
Step-by-step targets: 0.5800 → 0.6000 → 0.6250. Each take profit (TP) is quite distant from the entry (~3.5-7% from entry), so be patient and take profits gradually. The distance from entry to stop-loss (SL) is quite close (~1.8-5.5%). Place small orders and set stop losses correctly.