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BEAT's recent market movement is quite interesting. It first dropped to a low of $0.4449, leaving many in the market a bit confused and cautious. But the key point is—buying volume started to flow in continuously from this low, lifting the price from the bottom. After reaching a high of $0.4978, it slightly retraced to $0.4826, ultimately gaining 2.94% for the day. The rebound momentum is becoming increasingly clear.
Trading volume also clearly indicates the situation. The 24-hour trading volume exceeded 67.18 million USDT, with a total volume of 143 million. Especially during the rebound, the trading volume kept expanding, which shows that funds are actively accumulating at the low levels. The previous lows have now become the "stepping stones" for its rebound.
From an operational perspective, here are some key levels:
Don’t rush to chase the high when entering; consider entering small positions after a retracement to the $0.4600-$0.4700 range. Relying on recent key support levels for positioning will be more prudent.
For take profit, the first target is set at $0.4900, the second at $0.4950. If it can break through the previous high, look at $0.5000 above. Set stop-loss at $0.4500; once it falls below this level, the short-term upward trend is likely to halt.
Honestly, BEAT’s bottoming rebound this time looks more like a bullish accumulation after a pause. Although it fell 42.35% over 7 days and 71.75% over 30 days, the previous pressure was significant, but the recent downward momentum has already weakened noticeably. As long as it holds above $0.4500, a light long position is reasonable. For those looking to short, there’s no need to participate now—such low-level rebounds are prone to being swept away by counter-rebounds. Long positions require patience; wait for a retracement to buy low again, which will be safer to catch the subsequent surge.