Lost 470k to learn how to read trading volume.
$BEAT 24-hour plunge of 37.75% to 2.5429, but trading volume still has 278 million — this isn’t retail dumping, it’s whales rotating hands.
Data breakdown: 24h high of 4.3911, low of 2.4027, amplitude of 83%.
Currently, the price is consolidating around 2.5 with decreasing volume; if it breaks below the 2.4 support (today’s lowest point), the next support is at 2.1; if it breaks through 3.0 (previous platform) with increased volume, a rebound could reach 3.5.
Operation plan: Light position to try long, enter at 2.45-2.55, stop loss at 2.35