$BEAT trade setup 🔥🔥
BEATUSDT
Perp
0.83262
-6.58%
Entry Price: 0.9950(above current price, waiting for breakout above 0.99900 resistance)
Stoploss: 0.9800 (below recent swing low support)
TP1: 1.0100
TP2: 1.0200
TP3: 1.0300
Reason for the Trade: The chart shows a clear bullish trend with green candles dominating recently. Price action indicates a potential breakout above the 0.99900 resistance level (24h High). RSI(6) is at 75.39, showing strong momentum but not yet overbought. The volume is significant, supporting the upward move. SMC perspective: The price is respecting a potential demand zone, and a breakout above resistance could lead to further upside. Trade idea is based on breakout trading above key resistance with defined risk management.
