📊 $BEAT — Chart Analysis I'm going to Short Trade.
🔍 Market Structure - Strong downtrend confirmed (Lower High + Lower Low) - Price dropped from 4.71 → 2.43 → heavy sell pressure - Currently doing weak bounce / consolidation - Price still below MA25 & MA99 → trend still bearish
🕯️ Indicator Signals - MA(7) trying to cross up → short-term bullish - MA(25) acting as resistance - RSI ~67 → near overbought on 15m 👉 Means upside is limited / possible pullback soon
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📊 Trade Idea: Price is holding above the MA99 with buyers defending the 0.300 support zone. A successful breakout above 0.309 could open the way toward 0.315–0.323.
⚠️ Risk Management: Never risk more than 1–2% of your capital on a single trade.