$BEAT Bearish Momentum Continues!
BEAT has already broken the descending channel. That was the structure holding price. It’s gone now.
On the higher timeframe, the trend is clearly bearish. Lower highs, lower lows, and every bounce is getting sold faster than the previous one. That’s not accumulation. That’s distribution.
Now look at the liquidity map.
Most of the heavy liquidity is sitting below current price. Above price, there’s barely anything. That tells you exactly where the market wants to go.
Price always moves toward liquidity.
This is not a dip buying environment. This is a continuation phase.
When structure breaks + higher timeframe is bearish + liquidity is below, the path of least resistance is down.
Rallies are not strength. They are exit points.
If you’ve been following my posts, you know this is exactly how these moves start before they accelerate.
And if you’re curious how these setups are spotted before most people realize what’s happening, you’ll find me here:
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click for more info @Sam48301 #beat #bearish