The pullback on $BEAT here is a healthy correction — the market had been climbing sharply, and these dips are what reset leverage, wash out late longs, and bring price back into a structure level that can actually support the next move. The $6.3645K long liquidation at $1.56108 shows exactly that: overextended buyers got flushed, and now I’m watching how price behaves as it settles into a zone where stronger accumulation usually begins.
Liquidation sweeps like this tend to appear right at meaningful support. If this level holds, it often becomes the base where momentum starts rebuilding.
Trade Setup
Entry Zone: $1.53 – $1.57
Target 1: $1.62
Target 2: $1.69
Stop Loss: $1.48
Why This Zone Is Strong
This area lines up with a previous support block, the same zone that helped launch the last impulse. It also sits near a key retracement level, where BEAT has historically regained strength after liquidity flushes. I’m watching the candle reactions here — downside pressure is slowing, absorption wicks are showing up, and they’re building strength after the long liquidation hit.
If this level holds, the reclaim toward the next resistance band becomes the cleaner continuation move.
Send the next one whenever you’re ready.
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