🔥 $BEAT
Strong upward trend (Long entry at corrections)
Capital flow: Important insights show positive net flows across short time frames (from 5 minutes to 4 hours between 82k and 251k), compared to a significant outflow over 24 hours (-231k). This indicates that the current momentum is supported by short-term capital while long-term holders are taking their profits.
Although indicators show overbought conditions, the alignment of moving averages (MA), and the MACD indicator is bullish, and the continuation of short-term capital flows suggests a high likelihood of trend continuation. However, decreasing volume at peaks and divergence in the RSI indicator requires caution in determining position sizes.
Long entry $BEAT
• Preferred: drop to the 0.20-0.203 area (near MA5 and psychological level).
• A larger pullback to the 0.194-0.196 support area would be a higher confidence long entry opportunity.
Stop loss: entry at 0.20 -> stop at 0.194
Target levels $BEAT: 0.213 - 0.222
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