$BEAT just got slammed hard from the 2.6–2.7 area and flushed straight back into the 1.9 zone. That wasn’t a healthy pullback — it was distribution breaking down. Structure on 4H is still lower highs, and this bounce looks more like relief than reversal. RSI is oversold, so a small bounce is possible, but trend control is still with sellers.
Bias: SHORT on bounce, not shorting the low.
Preferred entry: 2.05 – 2.15
Targets: 1.80 → 1.60
Invalidation: strong acceptance back above 2.30
If price keeps bleeding without a bounce, it’s a no-trade. The edge here is waiting for price to come back into resistance and fade it, not chasing downside.
