$BEAT Summary and Recommendation
Summary: The currency has seen a significant increase and is now in a correction phase with temporary profit-taking. Technical indicators support the idea of current momentum weakness, although the overall trend (24 hours) is positive.
Recommendation: Traders should wait and monitor price action:
For buying (entry): It is preferable to wait for confirmation of a breakout above resistance at $1.41 with a strong candle close, or a clear rebound from the support level at $1.327 with positive MACD indicators.
For selling (exit/stop loss): A break below support at $1.327 could be a signal for a deeper correction.
