🔴 $BEAT Is This Recovery Running Into a Wall?
After watching BEAT’s recent price movement, one area has caught my attention on the 1H chart: 0.08617–0.08850.
Price has pushed back up into this zone, and for me, this is where the next important reaction could develop. I’m not interested in blindly selling the resistance. I want to see how price behaves inside the zone and whether sellers can actually step back in.
If I get the confirmation I’m looking for, my plan is to target the downside in two stages:
📍 Entry: 0.08617 – 0.08850
🎯 Target 1: 0.08075
🎯 Final Target: 0.07379
🛑 Stop Loss: 0.09121
The setup is simple: resistance holds → confirmation → short opportunity.
I’ll be watching the reaction closely rather than chasing the move.
Would you wait for rejection here, or do you think $BEAT can break through this zone? 👀
After watching BEAT’s recent price movement, one area has caught my attention on the 1H chart: 0.08617–0.08850.
Price has pushed back up into this zone, and for me, this is where the next important reaction could develop. I’m not interested in blindly selling the resistance. I want to see how price behaves inside the zone and whether sellers can actually step back in.
If I get the confirmation I’m looking for, my plan is to target the downside in two stages:
📍 Entry: 0.08617 – 0.08850
🎯 Target 1: 0.08075
🎯 Final Target: 0.07379
🛑 Stop Loss: 0.09121
The setup is simple: resistance holds → confirmation → short opportunity.
I’ll be watching the reaction closely rather than chasing the move.
Would you wait for rejection here, or do you think $BEAT can break through this zone? 👀
