BEAT gapped down at the open, being firmly suppressed by all moving averages on the hourly chart, with RSI only at 37.7, extremely weak. You say the daily dropped 16%? So what, the MACD is still below the zero line and can't turn around. The downtrend pattern shows no signs of improvement.
Now it's at 0.5913, don't hold out hope. If you have this coin, with such technical signals, you should start thinking about what to do next.
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StableNomad
· 7h ago
nah man, this reminds me of UST in may—everyone swearing the technicals would bounce and then... well, you know how that went. 37.7 RSI though? statistically speaking that's oversold territory but like, oversold can stay oversold for *weeks*. not financial advice but risk-adjusted returns on catching this knife are looking pretty rough rn tbh
Reply0
ShakeShakeShake,Broth
· 01-07 00:11
Accepting losses, already made a lot more on other coins
So unlucky
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MEV_Whisperer
· 01-06 23:50
Damn, BEAT this crappy thing is really terrible, I ran away long ago.
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MEVSandwich
· 01-06 23:41
Sold out, this thing is hopeless.
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LiquidityWitch
· 01-06 23:35
ngl beat's giving pure liquidation sacrifice energy rn... that macd ain't waking up anytime soon, zero axis holding it like some cursed binding spell 💀
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GasGasGasBro
· 01-06 23:29
Damn it, it's the same technical trick again. RSI37 should have hit the limit down already.
BEAT gapped down at the open, being firmly suppressed by all moving averages on the hourly chart, with RSI only at 37.7, extremely weak. You say the daily dropped 16%? So what, the MACD is still below the zero line and can't turn around. The downtrend pattern shows no signs of improvement.
Now it's at 0.5913, don't hold out hope. If you have this coin, with such technical signals, you should start thinking about what to do next.