$BEAT
- Short Trading Setup ⚠️
$BEAT shows a strong decline after a trend reversal from the supply area 2.80–2.60, where strong selling pressure entered the market..... The structure shows a series of lower highs and lows, confirming the dominance of sellers.
_Trading Setup_:
- _Entry Point_: 1.52 – 1.58 📍
- _Stop Loss_: 1.72 ⚠️
- _Profit Taking Targets_:
- _Target 1_: 1.42 🚀
- _Target 2_: 1.30 📉
- _Target 3_: 1.15 💥
_Technical Analysis_:
- _Bearish Control_: Sellers dominate the market, with weakness continuing without any upward bullish reaction 🔄.
- _Bearish Continuation_: As long as the price remains below the resistance area 1.65–1.70, bearish continuation remains likely 💼.
_Trading Tips_:
- _Discipline_: Trading should be done with discipline and adherence to the setup 📝.
- _Risk Management_: A stop loss should be placed to protect capital ⚠️.
The currency shows the potential for decline with the possibility of a downward move ⚠️.