BEAT market strength continues, bullish pattern is prominent
Recently, BEAT has performed impressively, showing a strong bullish trend in the market with continuous net inflows of capital and active trading sentiment. Technically, the moving average system shows a bullish arrangement, the structure is complete, and it releases clear signals for trend continuation. Short-term corrections have not changed the overall upward pace. Bears have continuously faced pressure, and liquidation data has significantly risen, indicating that market sentiment is clearly leaning towards fear, further confirming the consolidation of bullish dominance. Despite tightening macro liquidity conditions, the project fundamentals are resilient, providing solid support for prices and becoming the core backing for this round of increases. However, market volatility has intensified, and risk management still needs to be prioritized.
📊 Technical analysis:
● 💰 Current price: 2.3176 USDT
● 🟢 Key support level: 1.8605 (1H level, 15.82% away from current price), with strong expectations of support
● 🟩 Support range: 1.6593 – 1.67 (depth correction range, strong support area, or a good opportunity for secondary layout)
● 🔴 Resistance level: 2.3285 (1H level, 5.35% away from current price), a short-term breakthrough requires volume cooperation, pay attention to breakthrough momentum
💡 Strategy tip: The price is approaching the previous high resistance area, and may face short-term consolidation. If the correction does not break the support range, consider gradually adding long positions to seize the opportunity for trend continuation; if the resistance level breaks with volume, it is expected to open up a new round of upward space. It is recommended to maintain a flexible position in operations, avoid heavy positions when chasing highs, and set strict stop-losses to cope with potential volatility. Closely monitor changes in trading volume and market sentiment signals to act in accordance with the trend, seeking steady progress. $BTC
