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BEAT is currently trading around $0.43 and has been trapped within the price range of $0.35 to $1.0 for some time. This range acts like a cage, with clear resistance and support levels on both sides.
From a technical perspective, the price increase is limited. Every attempt to move upward often encounters sell-offs, which is a typical manipulation tactic by large players—pushing the price up slightly to attract more buyers, then quickly suppressing it to trigger long positions and collect trading fees. This kind of pattern is common in low-liquidity tokens.
The current price position is actually quite awkward, with a buffer above the support at $0.35. Large players can easily push the price down again to shake out short-term holders and clear out those chasing high prices. Only then can a real rally be initiated.
Where is the real opportunity? It’s when the critical resistance at $1.0 is effectively broken. Until then, entering the market mainly involves betting on probabilities, which carries significant risk and trading costs. It’s better to wait until the trend is truly confirmed before jumping in, to increase the chances of success.