Friends, $BEAT is currently trading at 2.5303 USDT with an impressive growth of +45% in the last 24 hours! This is one of the leaders among altcoins today. However, the RSI on the 24-hour timeframe has reached 74.66 — an overbought zone, signaling a possible correction in the near future.
Technical analysis: The coin is showing strong upward momentum, breaking through key resistances and high trading volume. Volatility remains high, typical for low-cap altcoins in a bull market. Further prospects depend on maintaining support around 2.20-2.30. If volumes hold, a test of 3.00+ is possible in the medium term, but the risks of a pullback are high due to overheating.
Bullish scenario: Entry on a pullback $BEAT at 2.40-2.45 (support). TP1: 2.80, TP2: 3.00, TP3: 3.50. SL: 2.35 (about 3% from the entry). Move SL to breakeven after +10-15%.
Bearish scenario: Short position on a break below 2.40. Entry $BEAT at 2.35-2.40. TP1: 2.20, TP2: 2.00. SL: 2.50 (about 4%).
Risk management: Use no more than 1-2% of the deposit per trade! Volatility is high — SL 2-5% with rounding.
What do you think? Share your forecasts in the comments! 👇
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