$BEAT is displaying strong relative momentum after a sharp upside expansion. Volume confirms participation, but price is now transitioning into a digestion phase. This is typically where continuation setups form if support holds.
Support: 2.00 – 1.90 Resistance: 2.35 – 2.60 Entry Point (EP): 2.05 – 2.12 Prefer entries on controlled pullbacks, not breakouts. Targets: TP1: 2.35 – prior high TP2: 2.60 – momentum continuation TP3: 2.95 – extension zone Stop Loss (SL): 1.82 Below base support. Outlook: As long as $BEAT stays above 2.00, upside continuation remains favored. Losing that level would suggest deeper consolidation before the next move.$BEAT
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$BEAT is displaying strong relative momentum after a sharp upside expansion. Volume confirms participation, but price is now transitioning into a digestion phase. This is typically where continuation setups form if support holds.
Support: 2.00 – 1.90
Resistance: 2.35 – 2.60
Entry Point (EP): 2.05 – 2.12
Prefer entries on controlled pullbacks, not breakouts.
Targets:
TP1: 2.35 – prior high
TP2: 2.60 – momentum continuation
TP3: 2.95 – extension zone
Stop Loss (SL): 1.82
Below base support.
Outlook:
As long as $BEAT stays above 2.00, upside continuation remains favored. Losing that level would suggest deeper consolidation before the next move.$BEAT