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 (3% below previous low), take profit at first target 3.0, second target 3.5.
Keep position within 10% of total funds, do not add more.
I called this coin in the group, missed the high and got buried, now on the left side catching rebounds, must strictly stop loss.
BEAT is volatile, do not hold overnight positions.
Already placed an order at 2.48, follow or not follow, up to you.