#BEATUSDT (4H) โ Strong Bearish Momentum in Play ๐ด
BEAT USDT is showing a clear bearish market structure after a sharp rejection from the 4.50 high ๐ซ๐. The price is forming lower highs and lower lows, confirming downside continuation ๐.
๐ Key observations:
Parabolic move rejected โ distribution phase ๐ง
Price trading below key moving averages โฌ๏ธ
RSI ~22 โ deeply oversold โ ๏ธ (no confirmed reversal yet)
Strong sell volume on red candles โ sellers in control ๐ด๐
๐ Key levels to watch:
๐ข Support: 1.80 โ 1.65 (possible dead-cat bounce ๐ฑ)
๐ด Resistance: 2.25 โ 2.45 (sell-on-retest zone โ)
โ ๏ธ Outlook:
The trend remains bearish ๐ as long as price stays below resistance. Any bounce looks corrective, not a trend reversal โ. Wait for confirmation and manage risk wisely ๐ง ๐ก๏ธ.
๐ก Trade the structure, not emotions.
๐ #BEATUSDT #BearishTrend #MarketStructure #BinanceSquare

