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🟢 $BEATUSDT — possible bounce setup
Would you trade the pullback here, or wait for the next 1H candle?
Price had a strong 1H bearish structure: each candle updated the low, while highs stayed below previous highs.
The latest closed 1H candle failed to make a new low, while the previous high is still holding.
If price updates the last low again, the bounce idea is cancelled. Stop is below the last low.
Fibonacci range: full 1H drop move, from max high to min low of the whole series.
Plan by Fibonacci retracement:Entry zone: 1.9569 - 1.9290Stop: 1.90119TP1 Fib 0.236: 2.0940832TP2 Fib 0.382: 2.2110584TP3 Fib 0.5: 2.3056TP4 Fib 0.618: 2.4001416
Series: 5 candlesMove: 29.61%Timeframe: 1HExtreme candle wick filter: max 3.5%
Educational setup example. Not financial advice.