I’m still holding my losing position on $BEAT and have raised my stop-loss to $2.89. Staying patient for now while monitoring price action closely.
BEATUSDT
Perp
2.8848
+29.95%
James - Pump Trading
--
Bearish
🎯 SHORT SETUP – $BEAT 🎯
Entry Zone: 2.53 - 2.68
Stop Loss: 2.8
Take Profit Targets:
∙ TP1: 2.35
∙ TP2: 2.20
∙ TP3: 2.00
🔥 Bearish Justification
Price has rallied +26.20% and peaked at 3.44780 before entering a clear downtrend with lower highs and lower lows on the 4H chart. Current price at 2.53290 is consolidating after rejection from MA(25) at 2.29897, showing exhaustion in the upward momentum and inability to reclaim higher resistance levels.
Volume is declining at 802.4M compared to the spike during the peak, indicating weakening buying pressure. Price is trading below MA(7) at 2.32141 and far below MA(25) at 2.29897, while MA(99) at 1.92469 shows the longer-term uptrend is still intact but current structure is bearish. The rejection candles with long upper wicks signal strong selling pressure at current levels.
This short setup offers excellent risk/reward as price is trapped in a consolidation zone between 2.50-2.60 with no significant support until 2.35 level. The 7-day performance of only +1.04% despite today’s +13.55% pump suggests profit-taking is imminent. If price breaks below 2.50 support, expect rapid decline toward MA(25) and potentially retest the 2.00 psychological level where major accumulation occurred.
{future}(BEATUSDT)
Entry Zone: 2.53 - 2.68
Stop Loss: 2.8
Take Profit Targets:
∙ TP1: 2.35
∙ TP2: 2.20
∙ TP3: 2.00
🔥 Bearish Justification
Price has rallied +26.20% and peaked at 3.44780 before entering a clear downtrend with lower highs and lower lows on the 4H chart. Current price at 2.53290 is consolidating after rejection from MA(25) at 2.29897, showing exhaustion in the upward momentum and inability to reclaim higher resistance levels.
Volume is declining at 802.4M compared to the spike during the peak, indicating weakening buying pressure. Price is trading below MA(7) at 2.32141 and far below MA(25) at 2.29897, while MA(99) at 1.92469 shows the longer-term uptrend is still intact but current structure is bearish. The rejection candles with long upper wicks signal strong selling pressure at current levels.
This short setup offers excellent risk/reward as price is trapped in a consolidation zone between 2.50-2.60 with no significant support until 2.35 level. The 7-day performance of only +1.04% despite today’s +13.55% pump suggests profit-taking is imminent. If price breaks below 2.50 support, expect rapid decline toward MA(25) and potentially retest the 2.00 psychological level where major accumulation occurred.
{future}(BEATUSDT)
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