$BEAT ‌Current Price: $2.44

Direction: Break below 2.38 to go short, accelerate downtrend after breaking 2.17, rebound to 2.55 for bullish outlook
Reason: Recently, a surge of over 1000% has formed a clear speculative bubble. After touching the historical high of $3.23, it pulled back to $2.44. The short-term retracement momentum is releasing. There are many warnings of “pump and dump” on social media. Market sentiment is polarized, and willingness to buy at high levels is weakening. Although the low circulating supply ratio previously drove the price up, the current price has diverged from fundamentals. Excessive speculation may trigger concentrated selling. Extreme volatility at high levels accumulates risk, with profit-taking pressure increasing gradually.
Support Levels:
$2.0 (Key support tested multiple times, if broken or further tested)
$1.8 (Strong short-term support zone, consistent with the relaxed support level setting logic)
Resistance Levels:
$3.23 (Historical high, formed a strong resistance zone due to dense trading area, difficult to break in the short term)
$2.8 (Recent rebound phase resistance, a zone of selling pressure after a short-term rebound)