$BEAT SHORT TRADE SIGNAL – BLOOD IN THE CHART, BEARS IN CONTROL 🔥
Technical Analysis:
$BEAT has faced a sharp rejection from the upper resistance zone and is currently in a strong bearish momentum after a heavy sell-off. Price is trading below key moving averages with continuous lower highs and lower lows, confirming seller dominance. Volume spike on the downside signals panic selling, and any pullback is likely to face selling pressure near resistance.
Trade Setup (Short):
Entry: 1.85 – 1.90
Targets (TP):
🎯 TP1: 1.40
🎯 TP2: 1.20
🎯 TP3: 1.00
Stop Loss (SL): 2.10
Market Outlook:
Overall market sentiment remains weak with high volatility. Risk-off behavior dominates as traders prefer capital preservation. Until buyers reclaim key resistance, downside continuation is more likely.
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