BEAT is watching for short opportunities. The current market sentiment is tilted toward chasing a rebound, but I prefer to wait for a clear entry level before taking a short.



Structurally, the 4-hour short setup remains intact. On the 15-minute timeframe, RSI is around 52, neutral-to-weak, suggesting there is still room for downside; meanwhile, the 15-minute trading volume is only one-third of expectations—sell pressure appears relatively real, with no sign of panic selling.

Entry: look for a short around 2.55
Targets: first see 2.36; if it can break down effectively, further downside toward 2.30

Reminder: control your position sizing; don’t fully deploy at once. Be patient and wait for the price to enter your sniper zone before acting.
BEAT-2.03%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
SequencerDebater
· 07-20 16:12
Followed, placing an order at 2.55.
View OriginalReply0
FractalTrader
· 07-20 15:34
The bearish pattern on the 4-hour chart is still in place. The 15-minute volume is indeed weak, but 2.55 isn’t necessarily going to be reached. If price first rebounds to around 2.6, you can try a small position, and place the stop-loss above 2.63.
View OriginalReply0
  • Pinned