$BEAT Shorts, don't panic! Brothers, is there still a chance to recover your short positions from 8.2?


Brothers, BEAT rose to 9.26, are your shorts from 8.2 still holding? Are you feeling extremely anxious?
Let me give you a reassurance: this rally is not a reversal, it's a short squeeze rebound! The BOLL upper band is pressing at 10.57, and there are still a large number of short liquidation zones above. When the main force pushes to between 9.5-9.8, it will trigger a massive short squeeze liquidation, followed by a pullback! As long as you hold on through the final tremor, recovery is not a dream.
Once BEAT touches above 9.5, the short squeeze will push the price up to around 9.8, but that will be the last frenzy—then profit-taking will surge out, at least pulling back to 8.5-8.8! Your short entry was at 8.2, so there is a full chance to recover.
What to do now:
For those with heavy positions, consider reducing your holdings to preserve bullets
When the price rebounds to the high point and can't go higher, add to your position to raise the average price
Wait for a pullback near your cost to cut losses and exit
BEAT-21.87%
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