So, what are we seeing here? Coins $BEAT
Liquidity was pulled above $4.50. The global trend line is getting pierced.
I’d consider a serious short below $4.
FVG: $4.18–$4.23. At the same time, this is a bounce zone at the 0.618 Fibonacci level, so a rebound is possible. Until it’s broken with a candlestick body closing below, I’ll be waiting.
Things will get resolved soon: we either head to $5 or break the structure. In that case, targets are $4–$3.95, and globally, support below lies in the zone of $3.34–$3.18.
Not financial advice — think for yourself and make some gains! DYOR!
#beat #BEATUSDT