$BEAT 📉 Market Alert: 🩸Short Setup – High-Conviction Rejection Imminent
The charts are flashing a high-priority signal for the 1-hour timeframe. Following a period of aggressive buying, price action has surged directly into a critical supply zone. While the recent "strong pump" looked impressive, we are now seeing clear signs of buyer exhaustion exactly where historical selling pressure is most intense. This setup suggests a sharp rejection is imminent, paving the way for a powerful downtrend as the bulls lose their grip.
The Strategy:
For those looking to capitalize on this reversal, we are tracking a Short position. The rejection has been confirmed on the lower timeframes, providing a high-probability window for entry. We are entering at Market Price to catch the initial momentum of the slide.
Key Levels to Watch:
To manage this trade effectively, we have mapped out three primary targets. Our Take Profit (TP) levels are set at 0.2950, 0.2757, and a final target of 0.2638. To protect capital against unexpected volatility, a Stop Loss (SL) is firmly placed at 0.3321.
This is a classic "supply-to-demand" play. As the rejection confirms, the shift in market structure should lead to a rapid descent. Stay disciplined, manage your risk, and trade the plan.
Trade $BEAT here 👇🏻
Open Short Now Thank Me Later!!