$BEAT BEAT has continued to slump downward relentlessly—every time it bounces up a little, it gets smashed again. Those who bought the dip halfway through are enjoying themselves now. And at this point around 0.28, there will definitely be a whole crowd coming in to buy the dip—basically lining up to hand fuel to the bears’ camp.
Personally, I (NanNan) don’t recommend buying the dip. BEAT may bounce up somewhat, but in the end it still won’t escape the outcome of breaking below the historical low. Don’t think it’s impossible. Many people feel, “This coin has already dropped so much—how could it keep falling?” The last time it broke below the historical low, many people thought the same thing. But the project team, the main players, and the market makers/“dogs” won’t let the price move according to what retail traders think.
For BEAT, I (NanNan) will continue to look bearish from here—keep shorting until it reaches the historical low!
#中国7月产出零售投资全线不及预期 #以色列空袭黎巴嫩击毙真主党指挥官 #全球股票基金净流入186.2亿美元
Personally, I (NanNan) don’t recommend buying the dip. BEAT may bounce up somewhat, but in the end it still won’t escape the outcome of breaking below the historical low. Don’t think it’s impossible. Many people feel, “This coin has already dropped so much—how could it keep falling?” The last time it broke below the historical low, many people thought the same thing. But the project team, the main players, and the market makers/“dogs” won’t let the price move according to what retail traders think.
For BEAT, I (NanNan) will continue to look bearish from here—keep shorting until it reaches the historical low!
#中国7月产出零售投资全线不及预期 #以色列空袭黎巴嫩击毙真主党指挥官 #全球股票基金净流入186.2亿美元
