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$BEAT Thousand-fold short squeeze warning! Whale with 40M USD fights against the bears, is it a celebration for the bulls or a "short covering" trap?
The real huge profits are often hidden in the despair of the main players being trapped.
On the one-hour chart, BEAT just experienced a deep V-shaped correction, quickly rebounding from around $3.2 to above $4.7, with the MACD forming a strong bullish crossover above the zero line, indicating that bullish momentum remains strong.
According to smart money data, whales are aggressively accumulating. The average opening price for longs is as high as $3.38, with current unrealized gains exceeding $8 million, and a profit ratio of 85%, showing the dominance of the main players. Meanwhile,
The liquidation map shows dense short positions trapped in the $4.9 to $5.0 range above, which means that once the price breaks the previous high, it could easily trigger a short squeeze.
Long and short strategies
Go long around 4.50-4.60; go short around 5.0 - 4.90;
True trading masters always position themselves when others are in fear. Can BEAT’s recent reversal evolve into a super bull market? Follow Jin Yao, in the next episode, an exclusive reveal of BEAT’s ultimate target!
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