$BEAT is currently in a bearish trend following a significant rally and subsequent correction. The price is consolidating near 0.1858, which coincides with the Bollinger Band middle value, suggesting this level may act as immediate support.
For traders considering positions, watch for potential bounces from the 0.1850 support level with confirmation from RSI divergence or MACD crossover. However, maintain caution as the overall trend remains bearish with all major MAs pointing downward. Consider setting tight stop losses below 0.1680 if entering long positions, or above 0.1950 for short positions.
