BEAT's current trend provides a relatively clear signal. From the 1-hour K-line, the price has effectively broken below the previous trendline support, and there is no obvious rebound intention observed afterward. Looking at the 15-minute cycle, the previous consolidation range has also been broken through, indicating that the signs of pressure are gradually being confirmed.
In this context, the entry point for short positions becomes clearer. The stop-loss can be set near the trendline, which can both control risk and avoid being knocked out by minor rebounds. As for take profit, setting the target at 0.668 is a more prudent choice, as there is still potential for downward space to be released.
The consistent bearish signals formed across different timeframes are often more reliable references. The current pattern is a typical bullish breakdown, and further downside risk should indeed be watched carefully.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
6
Repost
Share
Comment
0/400
TrustlessMaximalist
· 1h ago
The short-selling opportunity is indeed clear; I'm just worried about the rebound noise.
View OriginalReply0
rekt_but_not_broke
· 10h ago
Short-selling opportunity? It depends on whether you can hold or not.
View OriginalReply0
GamefiHarvester
· 12-26 03:53
The short position opportunity is grasped; just waiting to break 0.668.
View OriginalReply0
BearWhisperGod
· 12-26 03:53
Short position entered, betting on 0.668
View OriginalReply0
RatioHunter
· 12-26 03:49
BEAT has indeed opened up the space this time, and the bulls have conceded.
BEAT's current trend provides a relatively clear signal. From the 1-hour K-line, the price has effectively broken below the previous trendline support, and there is no obvious rebound intention observed afterward. Looking at the 15-minute cycle, the previous consolidation range has also been broken through, indicating that the signs of pressure are gradually being confirmed.
In this context, the entry point for short positions becomes clearer. The stop-loss can be set near the trendline, which can both control risk and avoid being knocked out by minor rebounds. As for take profit, setting the target at 0.668 is a more prudent choice, as there is still potential for downward space to be released.
The consistent bearish signals formed across different timeframes are often more reliable references. The current pattern is a typical bullish breakdown, and further downside risk should indeed be watched carefully.