$BEAT / USDT — Volatility Spike After Longs Got Wiped

Price is hovering around $2.40, down roughly -1.8% on the session, with an intraday high near $2.46 and a low around $2.38.

The repeated long liquidations suggest over-leveraged buyers were chasing upside into resistance, and once price stalled, forced selling kicked in. Volume expanded on the drop, showing real distribution rather than a shallow pullback.

Key support sits at $2.30, with deeper support near $2.15 if momentum accelerates. Resistance remains firm at $2.50, followed by $2.65.

The short-term trend is bearish to neutral, with price trying to stabilize after a leverage flush.

Trade Idea: If BEAT reclaims and holds above $2.50 with volume, a momentum long toward $2.65–2.75 becomes valid. If it loses $2.30, expect continuation toward $2.15.

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