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The beat is dead. I'm shorting the funeral." 🥀📉
BEAT crashed from 4.71 to 2.43, bounced to 2.76, and now it's stalling. That bounce is weak — volume is thin, EMAs are still bearish, and the MACD is barely curling. This is a dead cat bounce, not a reversal.
If 2.80 fails, we're heading back to 2.50.
My short trade:
Entry: 2.76
SL: 2.85
Targets: 2.65 / 2.50
The beat is fading. I'm shorting the silence.
#BEAT $BEAT