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$BEAT 1-hour chart bearish alert not lifted!🚨
The price remains below the key downtrend line at 1.9808 (trailing stop line), with bears firmly in control. Since the starting point at 2.42, the decline has exceeded 22%📉
However, bulls are fighting back! The price has rebounded over 13% from the low of 1.66, currently at 1.89, testing the trend line resistance. This "doorway" battle will determine the short-term fate.
Current status: The bearish trend continues, but potential reversal should be watched. A strong breakout and stabilization above 1.98 could halt or even reverse the downtrend. Strong support is around 1.66.