The currency $BEAT recorded a very strong upward movement in a short period, with the price rising from around 0.20 to a peak near 2.80, a sharp rise driven by clear speculative momentum.
📊 Current technical reading:
Overall trend: Strongly bullish (aggressive)
EMA 7 is above EMA 25 → Confirmation of an uptrend
RSI (≈ 80) → Clear overbought condition
The recent candles are long and sharp → Strong liquidity entry but with correction risk
⚠️ Important note (frankly):
Buying entry now from the peak is high risk. The market usually doesn't reward those who buy after a vertical rise.
🎯 Available trading opportunities:
✅ Smart buying opportunity (best):
Re-test area:
🔹 Between 2.10 – 1.85
Entry condition:
Consolidation or rebound candle
RSI retracement below 65
🎯 Targets:
First target: 2.80
Second target: 3.20 – 3.40 (if momentum continues)
🛑 Stop loss:
Clear break below 1.70
❌ Possible corrective scenario:
If the price fails to hold above 2.50:
Quick correction towards 2.10
Then attempt to build a new base
🧠 Summary:
The currency is strong speculatively
The trend is upward but saturated
The best opportunities are not at the peak but in the correction
Capital management is very essential
📌 Smart trading = patience + entry from logical areas, not chasing green candles.
