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$BEAT | 1h | Resistance Rejection Short
Bias: Short
Entry Zone: 2.42 to 2.50
Stop Loss: 2.64
Targets:
TP1: 2.30
TP2: 2.18
TP3: 2.03
Invalidation:
Close above 2.64
Why This Setup:
I’m seeing price reject the 2.60–2.65 supply area after a strong impulsive run, with lower highs starting to form on the 1h. I want a failed breakout or weak retest into resistance for continuation back toward the prior demand zones.