BEAT's recent trend warrants caution. From a technical perspective, the price has repeatedly encountered resistance in the $0.80-$0.85 range, then continued to decline, with the 4-hour K-line already breaking below the key support at $0.75. Currently, the bearish case is quite solid.
If you want to short this wave, the first take-profit target is set at $0.65, which is an important support level from earlier. If luck is on your side and the price continues to dip below $0.60, that would be the second profit zone.
Risk management should not be taken lightly—once the price rises above $0.88, it indicates a potential rebound is brewing, and you should decisively cut losses. This level is essentially the warning line for a "signal change."
Overall, the current short-term pattern favors the bears, but be sure to follow the plan strictly and don't be scared out by a rebound.
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OnChainArchaeologist
· 01-07 08:09
0.88 hasn't broken yet, what are you still hesitating about?
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MercilessHalal
· 01-06 03:12
$0.88 once it hits, it quickly slips away. This bearish trend is still manageable.
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ImaginaryWhale
· 01-06 01:53
Stop loss at 0.88? I think I need to exit early.
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HalfIsEmpty
· 01-06 01:46
0.75 broke, should run now, still hesitating
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GasFeeBarbecue
· 01-06 01:39
0.75 has been broken, and there's still room for BEAT this wave.
It's that same old story, brother. Plans can't keep up with changes.
I just don't understand why you always wait until 0.88 to stop loss. When there's a rebound of about ten percent earlier, you panic.
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TradFiRefugee
· 01-06 01:35
That 0.88 level really needs to be held, avoid greed and cut losses immediately on rebounds
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TokenomicsDetective
· 01-06 01:27
$0.88 is really the ironclad stop-loss line; you can't be soft-hearted.
BEAT's recent trend warrants caution. From a technical perspective, the price has repeatedly encountered resistance in the $0.80-$0.85 range, then continued to decline, with the 4-hour K-line already breaking below the key support at $0.75. Currently, the bearish case is quite solid.
If you want to short this wave, the first take-profit target is set at $0.65, which is an important support level from earlier. If luck is on your side and the price continues to dip below $0.60, that would be the second profit zone.
Risk management should not be taken lightly—once the price rises above $0.88, it indicates a potential rebound is brewing, and you should decisively cut losses. This level is essentially the warning line for a "signal change."
Overall, the current short-term pattern favors the bears, but be sure to follow the plan strictly and don't be scared out by a rebound.