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$BEAT | 1h | Breakdown Rejection
Bias: Short
Entry Zone: 1.72 to 1.80
Stop Loss: 1.93
Targets:
TP1: 1.62
TP2: 1.50
TP3: 1.38
Invalidation:
Close above 1.93
Why This Setup:
I’m leaning short because the strong spike into the 2.50–2.70 area was followed by a sharp rejection and a loss of momentum. Price is now trading back below the prior breakout zone, and I want to fade any weak retest unless buyers reclaim 1.93 with strength.