📉 $BEAT Looks Extremely Weak
#beat
is struggling to find any real buying strength on the 4H chart. After losing its previous support area, the price has continued sliding and is now trading around fresh lows.
Unless buyers manage to reclaim some important levels, the trend remains heavily tilted toward sellers.
A weak bounce followed by another rejection could create an interesting short opportunity.
Watch the price action closely and manage risk.
#beat
is struggling to find any real buying strength on the 4H chart. After losing its previous support area, the price has continued sliding and is now trading around fresh lows.
Unless buyers manage to reclaim some important levels, the trend remains heavily tilted toward sellers.
A weak bounce followed by another rejection could create an interesting short opportunity.
Watch the price action closely and manage risk.