$BEAT
Entry Zone: $2.30 - $2.45
TP1: $2.68
(Immediate resistance from your 4H chart)
TP2: $2.82
(Recent session high)
Stop Loss: $3
(Just below the EMA50 support)
Headline: $BEAT Technical Update: Bullish Momentum or Time to Cool Down? 📉
Looking at the current BEATUSDT 4H and 1D charts, the trend is undeniably strong, but we are approaching critical levels.
Key Technical Observations:
Price Action: After a massive rally from the $1.40 region, $BEAT is currently consolidating around the $2.80 mark.
Resistance: The immediate hurdle is $3.00. A breakout here opens the door for a retest of the $3.45 ATH.
Support: Strong support is visible at $2.68 (previous local top). If this breaks, watch for a pullback to the $2.30 zone.
Indicators: The OBV (On-Balance Volume) is climbing, suggesting accumulation by "smart money" rather than just retail hype.
Trading Tip: The 4H chart shows the price riding the 20-EMA. As long as we stay above this line, the bullish structure remains intact. However, keep an eye on "Take Profit" (TP) zones mentioned in the community around the $3.20 range.
My Bias: Bullish above $2.75 🟢.
