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$BEAT (1h) - Bearish Rejection
Bias: Short
Entry (Zone): 1.78 - 1.83
Targets:
TP1: 1.66
TP2: 1.54
TP3: 1.42
Stop Loss: 1.94
Why this Setup:
I’m watching the failed bounce into resistance after the sharp selloff, and I want to short the first clean rejection from this recovery zone. The structure still looks weak on the 1h, and as long as price stays below the recent swing highs, I expect another leg down toward the prior support area.