BEAT's performance over these two trading days has indeed attracted attention. Four consecutive days of decline pushed the price to a relatively low level, with a cumulative drop of over 66%. However, recent candlestick movements are beginning to reveal some different signals.
From a shorter time frame, the 15-minute chart clearly shows the price accelerating upward, indicating a possible rebound opportunity. Of course, a technical rebound does not mean a trend reversal, but for traders, such price rebounds after extreme overselling often provide a good trading window.
It is worth paying attention to whether the price can stabilize at this level and whether the trading volume can support it. After all, a rebound in extreme market conditions is sometimes just a fleeting moment, but other times it can mark the start of a new upward cycle. Ultimately, it is important to develop a trading strategy based on your own risk tolerance.
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RiddleMaster
· 10h ago
Is this rebound, which was caused by a 66% drop, really genuine or just another attempt to harvest the retail investors?
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YieldFarmRefugee
· 10h ago
66% drop, desperately dumping... Could this rebound be another trap?
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GateUser-0717ab66
· 10h ago
A 66% drop really hits hard, but I’ve never believed in a 15-minute rebound, it's easy to get trapped.
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Everyone wants to buy the dip during an oversold rebound, but it’s just a death rebound.
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Rebounds that don’t keep up with volume are all fake; seeing prices rise is just a trap.
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In such extreme market conditions, it’s easiest to get chopped up, jumping into a rebound? I won’t do it.
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First, see if you can stand firm; don’t trust a rebound without volume.
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Here we go again, a technical rebound doesn’t mean a trend reversal. I hear this every time, but what’s the result?
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ETHmaxi_NoFilter
· 10h ago
66% decline... This is not a rebound opportunity, it's a trap for trapped positions haha
15-minute chart rebound? Come on, in such extreme market conditions, a rebound is just a bait for shorting.
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HodlAndChill
· 10h ago
A 66% drop caught everyone off guard. Can we trust this rebound...
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NFTDreamer
· 10h ago
A 66% drop can still rebound? I suspect I'm about to get cut again.
BEAT's performance over these two trading days has indeed attracted attention. Four consecutive days of decline pushed the price to a relatively low level, with a cumulative drop of over 66%. However, recent candlestick movements are beginning to reveal some different signals.
From a shorter time frame, the 15-minute chart clearly shows the price accelerating upward, indicating a possible rebound opportunity. Of course, a technical rebound does not mean a trend reversal, but for traders, such price rebounds after extreme overselling often provide a good trading window.
It is worth paying attention to whether the price can stabilize at this level and whether the trading volume can support it. After all, a rebound in extreme market conditions is sometimes just a fleeting moment, but other times it can mark the start of a new upward cycle. Ultimately, it is important to develop a trading strategy based on your own risk tolerance.