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$BEAT | 1h | Bearish Reversal
Bias: Short
Entry Zone: 6.30 to 6.55
Stop Loss: 6.98
Targets:
TP1: 6.00
TP2: 5.55
TP3: 4.95
Invalidation:
Close above 6.98
Why This Setup:
I see repeated rejection from the 6.50-6.60 resistance area after a strong push up, with momentum fading and lower highs forming. I’m looking for continuation lower as sellers defend the breakdown zone and price fails to reclaim the local structure.
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