BEAT has really gone crazy recently! It has skyrocketed 5000% since its launch, just hitting a historic high of $4.17 yesterday, and now it's still fluctuating around $4.13. But Nanxi wants to remind you: don't just drool over the gains; risks often hide during the craziest times!
News:
Although BEAT has favorable factors (such as token burn and community activity), don't forget that Bittight, which is on the same chain, plummeted 75% a few days ago. One ecosystem, two outcomes—what does this indicate? It indicates that choosing the right time is more important than choosing the coin; the entry point determines your mindset.
Everyone has different position sizes; it's suggested to find Nanxi, become a member of Nanxi's village, and synchronize entry points for building positions. Nanxi will help you plan your positions and control risks!
From the one-hour chart:
Overall, BEAT is still in an upward trend, and the MACD yellow and white lines have firmly stood above the 0 axis, which is a bullish signal. But be careful—the volume is a bit strange, sometimes shrinking and sometimes exploding. The green bars rising indicate that selling pressure is also increasing. The RSI once entered the overbought zone, now slightly retreated, but MFI surprisingly hit 100, indicating that funds are still pushing hard.
Nanxi's view is very clear: looking for a rebound in the short term, but be cautious in the medium term.
The key support below is at 3.0, and further down is 2.3. If it breaks below 3.0, it may test the significant support around 2.3—this is also the lifeline of this trend. What about the target above? In the short term, we are looking at the range of 3.8-4.7, especially 4.7. If it can break through, new highs can be expected.
If you don't know how to time your entries, you can follow Nanxi, who will analyze in real-time in the village and provide the current best entry points.
So how should players play now?
If you are a short-term player, you can try a small position near 3.0, with a stop-loss below 2.9 and a target of 3.8. Remember: only take profits on rebounds, in and out quickly! If you are a medium-term planner, don’t rush to go all in; 2.3 is the position worth building your position in batches, which is the golden pit for trend pullbacks.
One of Nanxi's students ambushed BEAT around 2.5 last month, held it for half a month, and sold near 4.0, doubling his investment. How did he do it? Not by luck, but by strategy: buying at support levels in batches and selling at resistance levels in batches, never being greedy.
But Nanxi must remind you: there are no gods in the crypto world, only strategies and discipline.
If you always buy and it drops, sell and it rises, it may not be a matter of luck, but a lack of a complete trading system. Nanxi shares practical trading ideas and support/resistance analysis in the village every day, hoping you can gradually develop your own market sense.
Want to know which coin Nanxi will ambush next? How to set stop-loss and take-profit? Find Nanxi, who breaks down the four-hour triangle breakout logic of BEAT in detail every day in the village—I will reveal a key signal that might be your best entry opportunity.
