$BEAT −40% Crash | Aggressive Rejection From the Top

Price just suffered a brutal unwind, collapsing from 3.24 → 1.71 in a straight sell-off. The prior uptrend is officially invalidated. This move fits the textbook “buy the rumor, sell the news” scenario, and the market is now in damage-control mode.

🔑 Key Levels to Watch

Former Support → Resistance: 1.73 (EMA15)

Immediate Support: 1.61 (24h low)

Next Demand Zone: 1.50

Overhead Resistance: 1.95 (EMA9), then 2.18

📉 Strategy Outlook: Patience or Short Bias

🚫 Avoid long positions — structure remains bearish

📍 Short the relief bounce: Look for sell setups around 1.85 – 1.90 if price revisits the broken EMA zone

🛑 Stop-Loss: Above 2.00

🎯 Targets: 1.61, followed by 1.50

📊 Market Insight

Sell volume spiked massively on the breakdown — this isn’t retail panic, it looks like institutional distribution. Until volume dries up and structure stabilizes, downside risk remains active.

Are you sitting on your hands waiting for a confirmed base — or preparing to short the next bounce? 👇

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