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$BEAT Do you want a bloodbath for the bears? Be careful of a counterattack!
There are no eternal declines in the crypto world, only the harvesters of the whales.
BEAT just dropped from $12 to $5.5, with all technical indicators turning green and looking panicked, clearly oversold. But look at the capital data: big traders are still holding on despite heavy losses, while the bears are smiling happily. Even more dangerous is that the $5.5-$6 range below is filled with bear liquidation orders, which is a ticking time bomb!
Trading ideas:
Go long: around $5.4-$5, aiming for $7-$8.5; go short: around $8-$8.5
Whales are likely to use the rebound to trigger these short positions, creating a "short squeeze" illusion to lure retail investors into buying, then dump again. #TradFiCFD黄金大师赛 #美伊协议达成海峡将开放