$BEAT - the $1.00 parabolic recovery starts now
LONG $BEAT
• ENTRY: $0.2350 – $0.2450
• TP1: $0.2738 (24h High)
• TP2: $0.3489 (Local Peak)
• TP3: $1.0000+ (Moon Mission)
• STOP: $0.2260
I’m eyeing $BEAT right now as it prepares for a massive trend reversal—currently sitting at $0.2422 and ready to explode. The 1h chart is showing a textbook "bottoming" structure after a deep flush from the $0.34 levels. We are currently consolidating right at the EMA(7), with the bulls aggressively absorbing every bit of sell pressure to flip this ribbon back into a launchpad.
The RSI(6) is sitting at a bone-chilling 23.44, meaning the asset is severely oversold and the "weak hands" have been completely flushed out. This is the ultimate "buy-the-dip" zone before the next vertical expansion. As long as the $0.2266 support holds, we are loading the boat for a parabolic squeeze back toward the $0.27 high and beyond.