$BEAT A sharp drop of over 21% with increased volume indicates a strong trend-based sell-off. Combined with high open interest, this is more likely a chain reaction caused by long liquidation rather than simple profit-taking.
🎯Direction: Short (Short)
🎯Entry: 0.300 - 0.310
🛑Stop Loss: 0.330 (Rigid Stop Loss)
🚀Target 1: 0.270
🚀Target 2: 0.240
$BEAT A clear downward trend structure has formed under massive selling pressure. The price decline accompanied by high trading volume and high open interest is a typical sign of long positions being liquidated and triggering further selling pressure. No effective buying absorption has appeared on the order book, and any rebounds on the lower timeframes (LTF) appear fragile and are quickly suppressed. As long as the price cannot recover and stay above 0.330, the downward momentum will continue to dominate.
Trade 👇 $BEAT
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[$BEAT Signal] Short - Volume breakout downward
$BEAT A sharp drop of over 21% with increased volume indicates a strong trend-based sell-off. Combined with high open interest, this is more likely a chain reaction caused by long liquidation rather than simple profit-taking.
🎯Direction: Short (Short)
🎯Entry: 0.300 - 0.310
🛑Stop Loss: 0.330 (Rigid Stop Loss)
🚀Target 1: 0.270
🚀Target 2: 0.240
$BEAT A clear downward trend structure has formed under massive selling pressure. The price decline accompanied by high trading volume and high open interest is a typical sign of long positions being liquidated and triggering further selling pressure. No effective buying absorption has appeared on the order book, and any rebounds on the lower timeframes (LTF) appear fragile and are quickly suppressed. As long as the price cannot recover and stay above 0.330, the downward momentum will continue to dominate.
Trade 👇 $BEAT
Follow me: Get more real-time analysis and insights on the crypto market!
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