BEAT has recently experienced a significant anomaly in trading volume, with the 30-minute trading volume skyrocketing by 177.2%. The current price is fluctuating around 0.7056 USDT.
From a technical perspective, the key support level is set at 0.7038, only 1.17% away from the current price. This level is worth close attention—once the price finds support here, it often signals the beginning of a new upward trend.
A sharp increase in volume is usually a precursor to a market breakout. When trading volume shrinks and then suddenly surges again, it indicates that major funds have started actively entering the market. For traders, it may be prudent to consider entering long positions around 0.7038, with the target resistance at 0.7227. The profit potential in this price range is relatively clear.
In the short term, closely monitoring BEAT's subsequent movements is crucial. If the price can effectively hold above the support level, a rebound could be expected.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
18 Likes
Reward
18
10
Repost
Share
Comment
0/400
AirdropChaser
· 01-08 16:14
177.2% trading volume surge, is the main force about to push the price up?
Can BEAT hold steady at 0.7038 this time? It's a bit uncertain.
Both support levels and target prices, I'm getting confused just listening to it.
When volume increases, is it time to buy? I think it's better to stay on the sidelines and observe.
Why do I always feel that these analyses are all after-the-fact armchair strategies...
Can 0.7227 really break through? I can't imagine it.
It seems BEAT has been moving quite aggressively lately, be careful of getting cut.
View OriginalReply0
MidnightGenesis
· 01-07 23:18
On-chain data shows that this wave of volume increase is indeed interesting... a 177.2% surge, and based on past experience, this is not a pace that retail investors can achieve.
As expected, the main force has long been eyeing the support level at 0.7038.
View OriginalReply0
LiquidatedNotStirred
· 01-07 17:15
Once again, the 177.2% figure is being thrown around, and every time there's an increase in volume, this comes up...
---
Main force involvement? I'm watching. If it can't hold above 0.7038, we're just going to slide down directly.
---
Sounds nice, but we'll probably have to wait until the Year of the Monkey for 0.7227 haha.
---
It's unlikely to rebound this time; a bunch of people are just waiting to sell the top.
---
Increasing trading volume means a breakout is coming. The logic is sound, but the question is, which side will it break toward, brother?
---
You want me to hold onto this broken support level again? I lost a lot listening to you guys before.
---
If 0.7038 can really hold, I’ll eat my keyboard live on stream.
View OriginalReply0
QuietlyStaking
· 01-07 03:03
177% volume amplification? Be careful with this move, as such situations often lead to a dump.
View OriginalReply0
GweiWatcher
· 01-06 00:53
177% increase in volume? Is this really happening or are they just trying to harvest more retail investors again haha
View OriginalReply0
ImpermanentPhobia
· 01-06 00:46
With such a surge in trading volume, it feels like either the main players are accumulating or retail investors are collectively FOMOing... Can hold this crucial level at 0.7038?
View OriginalReply0
FunGibleTom
· 01-06 00:45
177% volume increase? Are you serious this time or just trying to dump again...
---
0.7038, can this support really hold? It feels like the main force is testing the waters.
---
Once again, the main force is actively intervening. I'm getting tired of hearing this rhetoric haha.
---
The rebound potential is worth looking forward to, but I think I'll wait and see if it breaks the 0.7 integer level first.
---
Volume increase + support level approaching, it's indeed interesting, but be careful not to become the last one holding the bag.
View OriginalReply0
FlippedSignal
· 01-06 00:37
The volume is surging so strongly, it feels like the main force is holding back a big move. The 0.7038 level must be defended.
View OriginalReply0
GateUser-313dd52c
· 01-06 00:34
Hold on tight, we're about to take off 🛫
View OriginalReply0
LiquidityLarry
· 01-06 00:28
Trading volume surges by 177%? Alright, this time it's really going to move, not just fooling me into standing guard again.
BEAT has recently experienced a significant anomaly in trading volume, with the 30-minute trading volume skyrocketing by 177.2%. The current price is fluctuating around 0.7056 USDT.
From a technical perspective, the key support level is set at 0.7038, only 1.17% away from the current price. This level is worth close attention—once the price finds support here, it often signals the beginning of a new upward trend.
A sharp increase in volume is usually a precursor to a market breakout. When trading volume shrinks and then suddenly surges again, it indicates that major funds have started actively entering the market. For traders, it may be prudent to consider entering long positions around 0.7038, with the target resistance at 0.7227. The profit potential in this price range is relatively clear.
In the short term, closely monitoring BEAT's subsequent movements is crucial. If the price can effectively hold above the support level, a rebound could be expected.