Recently, the market trend of BEAT coin has attracted attention. Although the price has retreated from highs and repeatedly faced resistance near $2.00, many investors believe this may be a manipulation by the main force to shake out weak hands. The project team recently announced a strategic partnership with a leading blockchain institution, and ecological applications are about to be promoted, creating positive expectations.
**Technical Analysis**
The current price hovers around $1.9033, within a range between the strong support at $1.5819 and the key resistance at $2.0429. The three recent attempts to break through $2.00 have failed, but it is worth noting that the trading volume during each pullback has been decreasing, indicating that selling pressure is gradually weakening. The support level at $1.5819 has historically experienced three rebounds from the bottom, demonstrating that this support is relatively solid.
More importantly, an ascending triangle pattern is forming on the candlestick chart. According to technical logic, once this pattern breaks upward, there is at least a $0.3 potential for further rise. Whether the resistance at $2.0429 can be effectively broken will be crucial for the subsequent direction. Some believe that the main force may be deliberately suppressing the price at this level to accumulate positions, waiting for retail investors’ holding pressure to release before initiating a rally.
**Follow-up Focus**
The market’s performance at key price levels will determine the short-term trend. Changes in trading volume, the stability of support levels, and the breakout direction of the ascending triangle are all important signals to watch.
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FreeMinter
· 18h ago
Selling pressure weakens. Whether this wave can break through 2.0 is the key.
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If the ascending triangle breaks out, there is definitely room to reach 0.3.
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It's both a shakeout and strategic cooperation. Feels like they're just telling stories.
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Supporting at 1.5819 with three rebounds shows some signs of strength. It’s not likely to plummet all the way down, right?
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Shrinking trading volume sounds like a good sign, but I’m worried the main force might just push us out all at once.
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The market expectation is positive, but the key is whether it can break through this resistance level.
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If this wave can't break 2.0 once, I’m afraid we’ll have to keep struggling for a while.
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Main players accumulating shares while retail investors get shaken out. I’ve heard this routine many times; every time they say they will push the price up.
View OriginalReply0
GasFeePhobia
· 12-27 09:59
Here comes the manipulation again; I'm tired of hearing this explanation
Decreasing trading volume isn't necessarily a good sign; maybe no one really wants it
Who will save when the ascending triangle breaks downward?
Is the support at 1.58 reliable? Historical rebounds don't mean it will rebound forever
Partnership news is almost everywhere; we need to see actual progress in the ecosystem later
Let's wait until 2.0 breaks; it's too early to discuss now
View OriginalReply0
TokenCreatorOP
· 12-27 09:52
Is breaking the second level really that difficult, dreaming every day
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I'm tired of hearing about ascending triangles, just want to know when it will truly break through
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Decreasing trading volume? I think the main force has already left
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Another washout theory, learning new tricks to cut leeks
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Can it hold at 1.58? That’s the real question
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The news of cooperation being released and not being pumped, feels like this coin isn’t doing well
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Three attempts to break 2 dollars all failed, what does that mean
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Just wait for it to break through, anyway, lying around is fine
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Multiple rebounds at support levels, kind of interesting
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Main force accumulating, why wait for retail investors to cut losses before moving
View OriginalReply0
ShibaSunglasses
· 12-27 09:49
Three attempts at 2.0 didn't break through, is this time really different? Feels like I'm about to be trapped again
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Can we still trust the shrinking volume? I've heard the main players accumulating too many times
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0.3 space? Let's break 2.0 first, then talk. Daily pattern breakthroughs
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Strategic cooperation + shakeout, classic combo punch, one gives hope, the other cuts leeks
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Why look at the support level so firmly if it can't hold? Just get on board directly?
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If it can't break 2.0, it's a strong resistance. No matter how you package it, it's useless
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It's another ascending triangle, another suppression to absorb volume, same old story, brother
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How many times have we heard "there's an expectation in the news," and what was the result?
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Holding 1.5819 means it won't die. Then I'll wait and see
View OriginalReply0
degenwhisperer
· 12-27 09:47
Buddy, it's the same old trick again, just wait and see if it breaks 2 dollars or not.
Triangles are everywhere now, I'm tired of hearing about the main players accumulating.
Is the trading volume shrinking? It looks to me like no one wants it, haha.
Is the strategic partnership real? These days, even news has to be discounted.
Support levels are stable, but it still keeps falling? Technical analysis, to put it simply, is just armchair quarterbacking after the fact.
If it can't break 2.0, then we have to wait some more. I don't believe this wave can rise to 2.3.
If the trading volume doesn't pick up, it's just a fake rally, and you'll get trapped again.
View OriginalReply0
MetaDreamer
· 12-27 09:39
Oh no, it's that same talk about shaking out the weak, always saying the same thing.
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Is shrinking trading volume a good sign, or just the prelude to distribution?
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Is it really that hard to break through $2? Feels like I've tried a hundred or eighty times.
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When will the strategic partnership be realized? Let's wait and see.
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Once the ascending triangle breaks, I'll just clear my position and run.
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It's best if the 1.58 support holds; if it breaks, it'll be really awkward.
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If the main force were really that smart, no one would be losing money. That's just nonsense.
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The shrinking trading volume might really be about to move; let's keep watching.
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This price range keeps oscillating back and forth, so annoying.
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The potential of $0.3 USD, just listen and don't take it too seriously.
View OriginalReply0
FallingLeaf
· 12-27 09:31
Three attempts to dump the market didn't succeed, is it really about to take off this time?
If the price and volume hadn't been so well coordinated, I would have sold already.
The $2 resistance is so strong... wait, is this accumulation?
If the main force can truly control the market, then we'll sit back and enjoy the show.
I find it hard to believe this wave can break the resistance; the bear market tactics are too deep.
Recently, the market trend of BEAT coin has attracted attention. Although the price has retreated from highs and repeatedly faced resistance near $2.00, many investors believe this may be a manipulation by the main force to shake out weak hands. The project team recently announced a strategic partnership with a leading blockchain institution, and ecological applications are about to be promoted, creating positive expectations.
**Technical Analysis**
The current price hovers around $1.9033, within a range between the strong support at $1.5819 and the key resistance at $2.0429. The three recent attempts to break through $2.00 have failed, but it is worth noting that the trading volume during each pullback has been decreasing, indicating that selling pressure is gradually weakening. The support level at $1.5819 has historically experienced three rebounds from the bottom, demonstrating that this support is relatively solid.
More importantly, an ascending triangle pattern is forming on the candlestick chart. According to technical logic, once this pattern breaks upward, there is at least a $0.3 potential for further rise. Whether the resistance at $2.0429 can be effectively broken will be crucial for the subsequent direction. Some believe that the main force may be deliberately suppressing the price at this level to accumulate positions, waiting for retail investors’ holding pressure to release before initiating a rally.
**Follow-up Focus**
The market’s performance at key price levels will determine the short-term trend. Changes in trading volume, the stability of support levels, and the breakout direction of the ascending triangle are all important signals to watch.