Smart money is stepping in to maintain high price levels on coin $BEAT
after a strong upward surge.
I’m looking at the hourly chart for $BEAT .
The price has risen with high trading volume today and has broken through its previous range.
I’ve noticed that the trend is clearly bullish as buyers are not allowing the price to drop back down.
I plan to take a long position if the price retraces a bit towards the nearest support.
My trading strategy is based on buyers defending this area to push towards new highs.
Trading Plan
Entry: 5.3000
Stop Loss: 5.0000
First Target: 5.6000
Second Target: 5.9000
after a strong upward surge.
I’m looking at the hourly chart for $BEAT .
The price has risen with high trading volume today and has broken through its previous range.
I’ve noticed that the trend is clearly bullish as buyers are not allowing the price to drop back down.
I plan to take a long position if the price retraces a bit towards the nearest support.
My trading strategy is based on buyers defending this area to push towards new highs.
Trading Plan
Entry: 5.3000
Stop Loss: 5.0000
First Target: 5.6000
Second Target: 5.9000