$BEAT 📉 Here's what I'm watching right now.

Price is -11.5% at 0.204. Downward channel since the 1.85 top. But I'm not shorting here—too late.

📊 HTF Structure (4H/1D):

EMAs are stacked bearish—9 below 15 below 50 below 100. Supertrend overhead at 0.334. Clear downtrend. No bullish structure yet.

🔍 LTF Structure (15m/1h):

Price basing between 0.203-0.205 after a vertical drop. Lower highs forming. RSI hit 26—deep oversold. StochRSI touched 0.00. Momentum exhausted.

💣 Smart Money:

Check funding. Every single period positive—longs paying, even as price collapsed from 1.85 → 0.20. That's MASSIVE trapped liquidity. They're hoping for a bounce that's not coming.

🎯 Key Levels:

Resistance: 0.210-0.215 (EMA cluster + breakdown zone). Support: 0.200 (psychological), 0.175 (24h low).

💰 Funding Rate:

CRITICAL. Price down, funding positive = trapped longs are fuel. When we retrace, they'll add. That's my entry.

🎯 Trade Plan (SHORT):

· Entry Zone: 0.210 - 0.215

· Why: Retest of breakdown + trapped longs add here

· Order: Limit @ 0.212

· Stop Loss: 0.222

· Why: Above recent consolidation. If price clears this, thesis breaks.

· Take Profits:

· TP1: 0.200 (psychological)

· TP2: 0.175 (24h low)

· TP3: 0.150 (runner)

· R:R: Entry 0.212, Stop 0.222 (risk 0.01). TP1 0.200 (reward 0.012). 1:1.2.

🧠 Psychology:

Market feels fearful, but longs are stubborn. That "surely it bounces" feeling? That's the trap. Smart money will give them hope, then take their stops.

⚠️ Conviction: 7/10.

Funding divergence is clear. Only waiting for retrace to execute.

❌ Invalidation:

· 4H close above 0.222.

· Funding flips negative.

I'm parked at 0.212. Let them hope. I'll take their liquidity.