$$BEAT 24-hour surge of 24.82%, skyrocketing from 1.4590 to 2.0780, but I just checked on-chain data, and this rally was driven by retail traders rotating, while whale wallets are offloading.


Source: On-chain monitoring platform Whale Alert shows that in the past 2 hours, three addresses holding over 100k BEAT tokens have transferred funds to exchanges in batches, totaling about $1.5 million.
Translation: Whales are taking advantage of good liquidity to dump, retail traders are overly optimistic and chasing the rally, making short-term risk extremely high. The current area around 2.0720 is a previous high resistance zone; if it cannot break through with volume, it’s likely to retest support at 1.70-1.80.
Operation: If you hold tokens, it’s recommended to reduce 30% of your position above 2.05 to lock in profits, and set a stop loss if it falls below 1.95; if you want to enter, wait for a pullback to around 1.80, and keep your position under 5%. Don’t chase the high; tonight’s liquidation data could cause a reversal.
Has this news already been priced in?
BEAT23.44%
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