$BEAT is currently in the oversold zone, and this level is worth paying attention to. From a technical perspective, the price has approached a key support level and is likely to trigger a rebound.
On-chain data also provides several signals—outflows have basically stopped, which usually indicates that selling pressure may have eased. Considering the current technical situation, there is indeed a potential opportunity to go long.
If you want to participate, remember to set your stop loss around 0.65 to effectively control risk. Once a reversal is confirmed, the upside potential should be quite significant.
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CryptoPunster
· 01-08 22:36
Oversold rebound, it's the same old story. I bet five bucks that the person writing this article has already quietly bottomed out at 0.68.
Smiling and waiting for the rebound, crying while adding to the position, the usual operation of retail investors.
Stop loss at 0.65? Bro, do you want me to learn to cut losses or learn to accept losses?
On-chain stop inflow = the main players have already run away. I’m convinced by this logic.
Another "considerable upward potential," the last time I heard this, I went all-in on Maotai.
Honestly, this position can indeed be a gamble, just for entertainment expenses.
Wait, is this advising me to buy the dip or trapping me into taking over?
Rebounds are possible, but my principal must survive to see that day.
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ZeroRushCaptain
· 01-06 04:31
It's oversold again, there's a rebound, and a buying opportunity. The last time I heard this story, it was at 0.8. Now it's been halved and they're still telling stories.
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OnchainSniper
· 01-06 03:21
Oversold rebound—I've seen this trick too many times. The key is whether it can break through the 0.65 level.
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UnluckyLemur
· 01-05 23:51
Oversold is oversold, let's talk after the rebound. Don't bother with these empty talks.
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GasSavingMaster
· 01-05 23:49
Oversold is true, but whether the rebound can happen still depends.
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0.65 stop-loss setting is quite cautious, just afraid that the rebound won't succeed and instead breaks down.
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Does on-chain inflow stopping mean the bottom is in? I feel this logic is a bit far-fetched.
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Long positions are okay, but don't put your entire capital at risk. BEAT is still a bit aggressive.
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I feel this rebound has been exaggerated; it's better to wait and see for now.
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Support levels are approaching again, I've heard this signal too many times, and it still breaks down in the end.
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Anyway, stop-loss must be set; that's the bottom line.
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The technicals look good, but I remain skeptical about whether there's really a bottom on-chain.
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CryptoMotivator
· 01-05 23:37
Oversold, so it has to go up. This time, BEAT feels promising.
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MEVSandwichVictim
· 01-05 23:36
I've heard the oversold rebound story too many times, but it still gets crushed down.
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SerumSurfer
· 01-05 23:35
Oversold rebound is here again, I’ve got this trick down pat haha
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HallucinationGrower
· 01-05 23:26
Still daring to buy the dip after being oversold? I don't have that courage.
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FromMinerToFarmer
· 01-05 23:23
Oversold rebound is correct, but I'm worried that the rebound might turn into a decline. This coin is too volatile.
$BEAT is currently in the oversold zone, and this level is worth paying attention to. From a technical perspective, the price has approached a key support level and is likely to trigger a rebound.
On-chain data also provides several signals—outflows have basically stopped, which usually indicates that selling pressure may have eased. Considering the current technical situation, there is indeed a potential opportunity to go long.
If you want to participate, remember to set your stop loss around 0.65 to effectively control risk. Once a reversal is confirmed, the upside potential should be quite significant.