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$BEAT is currently in the oversold zone, and this level is worth paying attention to. From a technical perspective, the price has approached a key support level and is likely to trigger a rebound.
On-chain data also provides several signals—outflows have basically stopped, which usually indicates that selling pressure may have eased. Considering the current technical situation, there is indeed a potential opportunity to go long.
If you want to participate, remember to set your stop loss around 0.65 to effectively control risk. Once a reversal is confirmed, the upside potential should be quite significant.