Is there still a chance to short $BEAT? From a technical perspective, the current resistance level is below 1. The market performance is quite convincing — multiple rebounds lack trading volume support, and each new low keeps being refreshed, which usually indicates that selling pressure is still ongoing. On-chain data also confirms this, with funds continuously flowing out and market participation not being ideal.



In this context, it seems more reasonable to short on rallies. The key is to be patient — avoid frequent trading, wait for clear rebound signals before entering, and then hold the position. The crucial point is to plan the take-profit level in advance and prevent profits from being eroded by retracements. The market offers opportunities, but they are fleeting; ultimately, it depends on individual execution and mindset.
BEAT-22.17%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned