$BEAT – Parabolic peak followed by downtrend continuation with resistance retest presenting short opportunity



Trade Setup: Short $BEAT

• Entry Zone: 2.75 – 2.85

• Target 1: 2.20
• Target 2: 1.68
• Target 3: 1.43

• Stop Loss: 3.79

Price action has formed a peak after a parabolic rise and is now in a sustained downtrend. The current bounce presents as a resistance retest following another leg lower. Provided the asset trades below the 3.79 threshold, continued decline toward the 2.20 to 1.43 zones remains the higher probability scenario. A loss of the 2.73 level is positioned to increase selling pressure and accelerate downward movement.

Just click trade here 👇 ‌
BEAT-0.29%
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