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Hxlaw
Hxlaw
$BEAT BEAT/USDT is showing a strong bullish reversal signal: • Price action: After hitting the short-term bottom at 0.5991, the price has appeared a huge Marubozu green candle, breaking out strongly to 0.6574 (+5.01%). This is an overwhelming active purchasing force (FOMO growth). • Meries (MA): The spike helped the price cut above all short and medium-term MA lines (MA5, MA10, MA20, MA30). The price is currently challenging the long-term trend resistance line MA60 (0.6415) and heading towards the old peak around 0.6800. • Volume (Volume): The column of the latest purchase volume skyrocketed compared to previous sessions, confirming that the large cash flow has joined the bottom. Trading recommendation • Strategy: BUY (Long) when the price adjusts technically (retest). Do not buy to chase the current price because the bullish candle is too steep, it is easy to encounter short-term profit-taking pressure. • Optimal buying zone: 0.6350 – 0.6420 (confluence support zone of MA lines). • Profit target (TP): 0.6800 and 0.7000. • Stop loss (SL): Below 0.6150 (if this area is broken, the uptrend will be broken).

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