The 4H trend is Bearish following a sharp rejection from the 2.82 high and a subsequent break below key short-term EMAs. The price is currently trading below the EMA7 and EMA25, which are now acting as dynamic resistance, confirming a shift in market structure from bullish to bearish. The recent bounce from the EMA99 support around 1.47 appears to be a weak corrective rally rather than a resumption of the uptrend.
The trigger for a short entry is the apparent failure of this rally on the lower timeframes. This loss of upward momentum is identified by the 1H/15m RSI showing a clear rejection at the 50 midline. This indicates that buying pressure is exhausted and sellers are reasserting control in alignment with the new 4H bearish bias. Entering now is a high-probability setup as we are shorting a pullback into established moving average resistance, with momentum indicators like the MACD also confirming the bearish shift.
Actionable Setup Now (SHORT)
Entry: market at 1.745
TP1: 1.630
TP2: 1.480
TP3: 1.310
SL: 2.050
BEATUSDT
Perp
2.058
-4.70%
SENTUSDT
Perp
0.04478
-1.62%