Post
beat
BEATUSDT
Perp
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+19.48%
‌ is bouncing back from the recent crash, and the 4-hour chart is showing early signs of a reversal.

Price bottomed out at 00728 and has now climbed back above both EMA5 (00900) and EMA10 (00891). The MACD has also flashed a bullish crossover, with DIF (-00077) crossing above DEA (-00097). That tells me sellers are losing control and buyers are stepping in.

However, the EMA30 at 00995 is still acting as overhead resistance. If BEAT can break and hold above that level, the next leg up could be strong.

Entry: 00900 – 00920
Stop Loss: 00850
TP1: 00980
TP2: 01050
TP3: 01150

Do you think BEAT will break through 01000, or will it get rejected at resistance again? Drop your thoughts below.
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BEATBEAT+19.48%

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GasFeeAssassin
25 minutes ago
Watch the trading volume: pushing through resistance without a volume increase is prone to being a false breakout.
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EmotionTrader
39 minutes ago
I just added to my position in 00910—hope I don’t get trapped.
0View Original
FloorPriceProbe
an hour ago
EMA30 is indeed a frustrating level; if it fails to break through, it’ll be another fakeout scenario.
0View Original
ContractSniffer
an hour ago
First Review
The stop-loss for 00850 is set quite solidly, and the risk-reward ratio looks comfortable.
0View Original