$BEAT is in a reset phase after a strong expansion move.
Price pushed aggressively from the base and reached the upper zone near 5 before facing heavy profit taking. The current pullback toward the 1.76 area looks like a normal correction after an extended rally, not a breakdown.
Market structure is still intact, holders remain strong, and liquidity is stable. This zone is important because it can act as a foundation for the next move if buyers continue to absorb the selling pressure.
These are the moments where the market slows down, shakes out impatient traders, and prepares for the next direction. Patience usually gets rewarded here.
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