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$BEAT
BEATUSDT technical analysis (1h frame):
• Trend & Candle: The BEAT/USDT pair is having a strong recovery after creating a short-term bottom at 0.9758. The latest 1-hout candle is a long growth green candle (Marubozu), breaking through the former short-term resistance areas, showing that the buying force (Bullish) is overwhelming.
• Averages (MA): The current price (1,1159) has cut above the short-term lines MA5 (1,0516), MA10 (1,0295) and MA20 (1,0820). This confirms the uptrend in the short term. However, the price is approaching MA120 (1,1111) and MA30 (1.1400), these are the resistance areas to note.
• Volume (Volume): The trading volume in the green candles has recently increased, agreeing with the price increase, showing that the active buying cash flow is strongly participating.
Transaction recommendation (Buy):
• Potential buying area: Waiting for the correction (retest) to the area of 1,050 - 1,080 (around the support MA20/MA5) to optimize the position, avoid chasing buying (FOMO) when the price is touching the barrier.
• Target (TP): 1,200 and beyond is 1,277 (old peak).
• Stop loss (SL): Below the nearest bottom at 0.970.
Ansvarsfriskrivning: OKX Orbit-innehåll tillhandahålls endast i informationssyfte. Läs mer
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