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$BEAT Morning Analysis: This wave dropped from 11.65 in a waterfall, now rebounded 33% from 2.24, looks tempting but don’t get carried away. The daily SKDJ is still in a golden cross at a low level, but the MACD is still below the zero line with a death cross expanding, indicating the bearish trend has not reversed.
The resistance at 3.95 is strong, now it’s more like a technical correction after an oversell. The main force is likely to oscillate and shake out weak hands here, wearing down the stubborn chips. $LAB $BICO
It’s recommended not to rush into long positions yet, wait for a pullback to confirm support holds before entering, or wait for a volume breakout of the key resistance level. Currently, the risk-reward ratio at this position is not high, prioritize stability.