šBEATUSDT 4H Market Update
ā¢ Trend: Bearish
ā¢ SMA (20): 4.0012
ā¢ Support: 2.86
ā¢ Resistance: 6.365
ā¢ Current Price: 2.952
šStrategy:
Price is trading below the 20 SMA, confirming bearish momentum. However, we are in the discount zone (below the 4H range high/low midpoint), which suggests a potential bounce. The recent swing low at 3.459 has been broken, indicating weakness, but support at 2.86 is the key level to watch. A bearish continuation is likely if price breaks below support, but a bounce from this zone could offer a long opportunity.
š” Trading Plan (Bearish Setup):
ā¢ Entry:2.952
ā¢ SL : 3.04056 |TP: 2.81916 (R:R 1:1.5)
ā ļø Short-term sellers may target the support zone. Risk management is crucialāuse a tight stop and let the trade play out. Stay disciplined! #Crypto #Binance #$BEATUSDT
š Don't forget to follow for more updates! & Your Future Eye
ā ļø Not financial advice - always DYOR.
Click Here To Trade š
ā¢ Trend: Bearish
ā¢ SMA (20): 4.0012
ā¢ Support: 2.86
ā¢ Resistance: 6.365
ā¢ Current Price: 2.952
šStrategy:
Price is trading below the 20 SMA, confirming bearish momentum. However, we are in the discount zone (below the 4H range high/low midpoint), which suggests a potential bounce. The recent swing low at 3.459 has been broken, indicating weakness, but support at 2.86 is the key level to watch. A bearish continuation is likely if price breaks below support, but a bounce from this zone could offer a long opportunity.
š” Trading Plan (Bearish Setup):
ā¢ Entry:2.952
ā¢ SL : 3.04056 |TP: 2.81916 (R:R 1:1.5)
ā ļø Short-term sellers may target the support zone. Risk management is crucialāuse a tight stop and let the trade play out. Stay disciplined! #Crypto #Binance #$BEATUSDT
š Don't forget to follow for more updates! & Your Future Eye
ā ļø Not financial advice - always DYOR.
Click Here To Trade š