💥 $BEAT Collapses 36% – Is This Capitulation? 📉

$BEAT is getting absolutely hammered, plunging over 36% in the last 24 hours and trading near its daily low at $1.73. Forget bouncing – this is a clear bearish signal.

Price is firmly below key moving averages, and the MACD confirms the downward momentum. While Bollinger Bands *suggest* it might be oversold, the sheer selling volume (over $870M!) tells a different story. Buyers are staying on the sidelines.

Expect further downside unless $BEAT breaks back above $2.0 with serious volume. A potential consolidation zone could form around $1.73 - $1.80, but volatility remains extremely high. Proceed with caution! ⚠️

#BEATUSDT #CryptoCrash #Bearish #Altcoins 🐻

BEATUSDT

Perp

0.5697

-5.55%