⚠️ Coin $BEAT is heading to close the FVG and rebound within a downward corrective wave
🔴 Technical direction: A corrective temporary upward rebound to close the newly created price gap, followed by a sell-off rejection and a bearish reversal toward the main upward trendline
📍 Observation zone: 0.0.1450 – 0.1490
🎯 Corrective price targets:
• Target 1: 0.1372
• Target 2: 0.1349
• Target 3: 0.1323
❌ Invalidation of the scenario: a 30-minute candle close above 0.1550
💡 Technical rationale: The price is currently in a local corrective upward move after the sharp sell candle left an uncovered price gap, along with a decline in the momentum indicator. Although the price remains in the positive range and the bullish bias prevails, the move is trending toward completing the geometric correction.
🔴 Technical direction: A corrective temporary upward rebound to close the newly created price gap, followed by a sell-off rejection and a bearish reversal toward the main upward trendline
📍 Observation zone: 0.0.1450 – 0.1490
🎯 Corrective price targets:
• Target 1: 0.1372
• Target 2: 0.1349
• Target 3: 0.1323
❌ Invalidation of the scenario: a 30-minute candle close above 0.1550
💡 Technical rationale: The price is currently in a local corrective upward move after the sharp sell candle left an uncovered price gap, along with a decline in the momentum indicator. Although the price remains in the positive range and the bullish bias prevails, the move is trending toward completing the geometric correction.
