Today, as soon as I opened my eyes, BEAT plummeted by 40%, hitting a low of 1.43
The group is in a state of wailing. But interestingly, the four-hour chart has actually started to turn green, and buying pressure is quietly increasing... Is this the final bait before the main forces flee, or a golden pit after a collapse? Today, I will analyze the underlying logic from the perspective of a financial analyst.
Fortunately, a few fans found Nanxi before the drop. Based on his positions and entry points, Nanxi advised fans on stop-loss levels, which helped avoid liquidation. If you find yourself in this situation, it's advisable to find a good teacher to help you monitor the market!
First, look at the technical aspect:
Although 1.45 has broken, the position at 1.64 has not been broken with an entity; it is like a psychological defense line. If it can stabilize above 1.64 tonight, the short-term rebound target will first look at 2.4. But be careful, the MACD is still dead-crossed under the water, indicating that the bears have not fully let go. If the rebound is weak, it may very likely test the strong support at 1.12 again—that is the area where this round of decline may find its bottom.
Nanxi's stable advice for players:
It's recommended to first try a small position around 1.64. If it drops below 1.6, withdraw decisively. If it falls to around 1.12, you can add more to aim for a rebound. The key is to see if it can rise back above 1.7 tonight. If it can't recover, it may continue to fall towards 1.12. Only a breakout above 1.9 with volume will have a chance to push to higher positions. In the short term, it will fluctuate between 2.4 and 1.64. Experienced traders can make swings, while beginners should watch more and act less.
Specific stable entry point, Nanxi will notify Nanxi fans in the village as soon as possible. If you also want to find a stable entry point, it's recommended to find Nanxi!
I know many people are already feeling anxious, but the more it is like this, the more we need to stay calm. The market won't just keep falling to the bottom; there will definitely be rebounds in between. The key is whether your position can last until dawn. If you still have bullets in your hands, feel free to find me for my upcoming real-time reminders—I will share my order positions and stop-loss strategies in the village.
Are you the one who waits for the wind to come? When can we layout? Nanxi will announce it in the village. See you at the feast in Nanxi Village!#beat $BEAT
