BEAT has entered a downtrend cycle and is unlikely to continue rising. Noticing the recent two-hour bearish candlestick with significantly increased volume, this is usually a typical signal of market makers offloading. Based on previous judgments, the price is expected to break below 1.5. If the decline continues, the next key level to watch is around 1.2. Breaking below the 1.0 critical support is not easy unless there is a larger negative market stimulus. Interestingly, the trend of the neighboring project may also influence the rhythm here. It is expected that there may be an initial rally to lure in short sellers, followed by a rapid decline to the bottom, a typical "harvesting" pattern.
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ZKProofster
· 6h ago
ngl, "typical harvesting pattern" is just cope for not knowing wtf happens next... the volume spike theory checks out technically speaking, but calling whale movements predictable? that's where it gets spicy. 1.0 support won't break easily — mathematically speaking the order book structure doesn't allow it without actual capitulation. idk seems like someone's reading tea leaves at this point.
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OnChainDetective
· 7h ago
volume spike on 2h candles screams exit liquidity grab... seen this pattern traced through wallet clustering a thousand times. statistically speaking, those 1.5 and 1.2 support levels? they're basically breadcrumbs lmao. what really gets me is the correlation play with neighboring projects—that's where the real manipulation signatures emerge if you dig deep enough.
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DecentralizedElder
· 7h ago
Are you trying to manipulate the market again? You've exposed all the tricks of the big players.
BEAT has entered a downtrend cycle and is unlikely to continue rising. Noticing the recent two-hour bearish candlestick with significantly increased volume, this is usually a typical signal of market makers offloading. Based on previous judgments, the price is expected to break below 1.5. If the decline continues, the next key level to watch is around 1.2. Breaking below the 1.0 critical support is not easy unless there is a larger negative market stimulus. Interestingly, the trend of the neighboring project may also influence the rhythm here. It is expected that there may be an initial rally to lure in short sellers, followed by a rapid decline to the bottom, a typical "harvesting" pattern.