Recovery Bounce or Bull Trap....‼️
$BEAT is attempting a recovery after a sharp sell-off, but price is still trading below the major breakdown zone. Momentum is improving, yet confirmation above resistance is needed before expecting a sustained move higher.
Entry: 3.10 – 3.20
Target 1: 3.40
Target 2: 3.70
Target 3: 4.10
Stop Loss: 2.85
Wait for confirmation and avoid chasing if resistance rejects the price.
#KoreanLawmakersWeighStateCompensationForETFLosses
$BEAT is attempting a recovery after a sharp sell-off, but price is still trading below the major breakdown zone. Momentum is improving, yet confirmation above resistance is needed before expecting a sustained move higher.
Entry: 3.10 – 3.20
Target 1: 3.40
Target 2: 3.70
Target 3: 4.10
Stop Loss: 2.85
Wait for confirmation and avoid chasing if resistance rejects the price.
#KoreanLawmakersWeighStateCompensationForETFLosses