Alright, class. Let us talk about what NOT to do today. This is $BEAT
and it is a disaster.
Price is now at 2.51 dollars, down 16.90 percent. OI Change is negative 9.2 percent, meaning people are running for the exits. Funding Rate is negative 1.0000 percent, which tells us shorts are in control. Volatility Score is 100 out of 100, the maximum. That means chaos.
Now look at the whales. Buy Pressure is ZERO percent. Sell Pressure is 98 percent. They are dumping everything. The Market Structure is Bearish, and the phase is Distribution.
The Stop-Hunt Probability is 50 percent, with buy-side liquidity targeted. There is a liquidation cluster forming. This is a classic panic situation.
Here is my rule for you. Never catch a falling knife. Do not try to buy this dip. Wait until we see signs of stabilization. Let the dust settle first. Your capital is better used elsewhere today.
#BEAT #Bearish #FallingKnife #RiskManagement #BinanceSquare
and it is a disaster.
Price is now at 2.51 dollars, down 16.90 percent. OI Change is negative 9.2 percent, meaning people are running for the exits. Funding Rate is negative 1.0000 percent, which tells us shorts are in control. Volatility Score is 100 out of 100, the maximum. That means chaos.
Now look at the whales. Buy Pressure is ZERO percent. Sell Pressure is 98 percent. They are dumping everything. The Market Structure is Bearish, and the phase is Distribution.
The Stop-Hunt Probability is 50 percent, with buy-side liquidity targeted. There is a liquidation cluster forming. This is a classic panic situation.
Here is my rule for you. Never catch a falling knife. Do not try to buy this dip. Wait until we see signs of stabilization. Let the dust settle first. Your capital is better used elsewhere today.
#BEAT #Bearish #FallingKnife #RiskManagement #BinanceSquare