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BEAT latest transaction price is 0.8567, down 9.24% over the past 24 hours. At first glance, it appears to be a short-term weakness, but from a deeper market logic perspective, this correction is actually paving the way for a subsequent rebound—exchanging space for time and allowing risks to be fully released.
From a technical standpoint, the current price has already approached the 24-hour low of 0.8221, with the mark price at 0.8559, which is basically consistent with the current price. What does this indicate? The selling pressure from the bears is no longer as fierce. Although the trading volume of 217,477,806 has shrunk compared to the average level, this contraction itself precisely indicates that the downward momentum is waning—selling is starting to become hesitant, and the market is quietly building a bottom.
Looking at the pattern, BEAT has fallen from a high of 1.2391, and the Wave A decline is essentially complete. The key technical support level, SUPERTREND(10,3), is around 0.68016, which is nearly 20% below the current price. This is not a pessimistic signal; rather, it is the golden position for us to go long—classic "shakeout to boost the rise" logic.
From a practical perspective, a phased accumulation strategy is more prudent. The first wave can tentatively enter around the initial support zone of 0.70-0.75. If the market continues to probe lower, the ideal second wave entry zone is 0.60-0.65, which not only provides strong support but is also close to the key level of the Supertrend indicator. Set the stop-loss below 0.55; once it breaks this line, it indicates a genuine reversal has occurred.
Overall, the current pullback is the market adjusting its rhythm, and the real opportunity for a rally is embedded within this decline. The key is to be patient and wait for confirmation signals on the right side.