Hitting an ATH on the back of concrete utility (AI payments) and a deflationary mechanism (revenue burns) is a strong combination. The high volatility after such a run is typical as traders take profits and new buyers assess the new price level. A project with real use cases.
š $BEAT RECOVERING +7.46% - POST-ATH REBOUND! šš
ā Catalysts: Token hit ATH of $3.45 on Dec 15 after AI payments launch (Dec 1). Weekly revenue-based token burns active since Dec 8. Partnership with Endless Protocol (Nov 25). High volatility continues in community discussions.
ā Metrics: Solid +7.46% rebound to $2.19276. Price holding near MA7 (2.216) and MA25 (2.213). Volume at 22.7K is below 5-day average (85.9K), suggesting cautious recovery.
šÆ Trade Setup
Entry:2.15 - 2.18
Target 1:2.34 (+7.3%)
Target 2:2.50 (+14.0%)
Stop Loss:2.10
ā” Bullish Signals
ā”+7.46% recovery after major correction
ā”AI payments and weekly burns provide strong utility
ā”Price stabilizing near key moving averages
ā”Previous ATH shows strong underlying demand
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