BEAT has experienced quite a volatile performance over the past week. From a high of 3.05 down to a low of 0.73 today, the cumulative decline has exceeded 75%, with market sentiment and prices both being fully released.
It is worth noting that after stabilizing at a low level, the price has shown obvious signs of rebound, indicating a clear influx of funds in the short term. This kind of technical pattern reveals a lot of information—rebounds after overselling often have a higher cost-performance ratio, especially when accompanied by increased trading volume.
From the current formation, there indeed exists a stage-wise long opportunity. Similar technical features are also worth continuous attention in tokens like RIVER, ZBT, and others.
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MetaverseVagrant
· 01-05 20:18
75% decline... How desperate must that be, but the cheap goods are finally here
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Rebound from the lows? Ha, same old story, it depends on whether the trading volume is strong enough
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BEAT dropped from $3 to $0.73, this wave is really tragic, but the bottom-fishing window has indeed opened
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I'm tired of hearing about oversold rebounds; the key is whether it can hold steady afterward
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Does RIVER and ZBT also show similar signals? Let's keep an eye on how BEAT moves first
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This kind of technical pattern has been played several times; if the trading volume doesn't keep up, it's just illusions
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That $0.73 price point looks a bit eye-catching, I always feel it could go even lower...
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Reflux of funds sounds good, but I'm worried it might just rebound and then continue to drop
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Why does every oversold situation have to be called a buying opportunity? I’m starting to lose faith in that
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DegenRecoveryGroup
· 01-03 08:52
75% decline... Is this damn cleaning out retail investors? There is indeed something at the bottom.
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ChainWatcher
· 01-03 08:47
A 75% drop left me completely stunned. How many people are trapped in this...
But the idea of a rebound from the lows... I've heard it too many times.
First, see if the trading volume can keep up, or else you'll have to cut again.
View OriginalReply0
DoomCanister
· 01-03 08:31
Having absorbed a 75% decline, is this rebound genuine or just another wave of cutting leeks?
BEAT has experienced quite a volatile performance over the past week. From a high of 3.05 down to a low of 0.73 today, the cumulative decline has exceeded 75%, with market sentiment and prices both being fully released.
It is worth noting that after stabilizing at a low level, the price has shown obvious signs of rebound, indicating a clear influx of funds in the short term. This kind of technical pattern reveals a lot of information—rebounds after overselling often have a higher cost-performance ratio, especially when accompanied by increased trading volume.
From the current formation, there indeed exists a stage-wise long opportunity. Similar technical features are also worth continuous attention in tokens like RIVER, ZBT, and others.