$BEAT Breaking Down From Descending Channel! 📉🔴
$BEAT is trapped in a clean downward channel on the 4H chart. Price is constantly forming lower highs and lower lows with strong selling pressure (-16% today). A breakdown below local support could trigger a sharp sell-off toward sub-$1 levels!
🎯 Entry Zone: $2.44 – $2.46
🎯 Target (TP): $0.989 (Major Liquidity Target)
🛡️ Stop Loss (SL): $3.325 (Above Resistance Line)
Trend is heavily bearish—trade with strict risk management! ⚠️
$BEAT is trapped in a clean downward channel on the 4H chart. Price is constantly forming lower highs and lower lows with strong selling pressure (-16% today). A breakdown below local support could trigger a sharp sell-off toward sub-$1 levels!
🎯 Entry Zone: $2.44 – $2.46
🎯 Target (TP): $0.989 (Major Liquidity Target)
🛡️ Stop Loss (SL): $3.325 (Above Resistance Line)
Trend is heavily bearish—trade with strict risk management! ⚠️