Quick Update – Liquidity Hunt & Distribution
BEAT just performed a strong liquidity sweep.
The spike to 2.4999 wiped out FOMO long positions at the top, while the overall pump mainly liquidated shorts ($741.74K = 79%). Price hit the major liquidity zone 2.1–2.5, then pulled back as liquidity thinned.
Current Market State: BEAT is now in distribution, not accumulation. Smart Money has cleared liquidity, filled orders at the top, and is guiding price back toward fair value.
Key Levels:
Support: 1.85–1.90, Stronger Support: 1.60–1.65
Resistance: 2.05–2.10, Higher Resistance: 2.35–2.50
Trade Ideas (No FOMO):
Long only on a clean retest of 1.85–1.90 with strong confirmation.
Short if price rejects 2.05–2.20, especially with funding turning long.
Outlook:
BEAT has shifted from Expansion → Consolidation → Pullback.
Best approach now: Wait, observe, avoid FOMO.