The bounce looks weak to me. Unless buyers reclaim the supply zone, this structure still favors another leg lower.
$BEAT /USDT – SHORT 📉
Trade Plan
Entry: $1.8150 – $1.8350
SL: $1.9500
TP1: $1.7800
TP2: $1.7400
TP3: $1.6800 (if downside momentum expands)
Why This Setup?
5M Structure: Price remains below the key resistance at $1.9330, with lower highs suggesting sellers are still controlling short-term momentum.
Price Positioning: Failure to reclaim the resistance zone keeps the bearish structure intact. Any rejection near supply could accelerate downside pressure.
Volume Behavior: Recent rebounds have shown limited conviction, indicating that buyers are absorbing less supply and momentum remains with sellers.
Market Context: Support at $1.8070 is critical. A decisive break below this level could expose lower liquidity pockets and trigger another wave of selling.
Momentum Outlook: Bears maintain the advantage unless price establishes acceptance above $1.9330. Until then, rallies are more likely to be sold than chased.
Key Levels to Watch
Resistance: $1.9330
Support: $1.8070
Invalidation: Sustained strength above $1.9500
