$BEAT BEAT is trading around 1.71 after a strong push today.
The chart shows price holding above the short MAs, but momentum is slowing down a bit. Bollinger Bands are tightening, which usually hints at a bigger move coming.
Here’s what I’m watching:
If price stays above the short MA zone, another leg up toward the recent high could open.
If price slips under the mid-range, it may retest the lower support area before deciding the next trend.
Indicators show mixed signals, so the market is in a wait-and-react phase right now.
Future view: I checked multiple approaches — moving averages, regression and 1h structure — and the market is leaning slightly bullish, but only if it breaks the tight range it’s stuck in. If not, it may move sideways for a while before choosing direction.
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$BEAT BEAT is trading around 1.71 after a strong push today.
The chart shows price holding above the short MAs, but momentum is slowing down a bit. Bollinger Bands are tightening, which usually hints at a bigger move coming.
Here’s what I’m watching:
If price stays above the short MA zone, another leg up toward the recent high could open.
If price slips under the mid-range, it may retest the lower support area before deciding the next trend.
Indicators show mixed signals, so the market is in a wait-and-react phase right now.
Future view:
I checked multiple approaches — moving averages, regression and 1h structure — and the market is leaning slightly bullish, but only if it breaks the tight range it’s stuck in.
If not, it may move sideways for a while before choosing direction.