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$BEAT – The price is experiencing a downtrend due to increased selling pressure.
Trading Plan Short $BEAT
Entry: 1.3898 – 1.4738
SL: 1.5
TP: 0.9109
TP: 0.7013
TP: 0.5008
The price has broken below a key support level, indicating a strong bearish trend. It is currently trading below its 50-day moving average, which is a bearish signal. The Relative Strength Index (RSI) is in oversold territory, suggesting a potential bounce, but the trend remains bearish.
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