Could BEAT’s 20% price correction be the first sign of more downside?

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BEAT lost 22.47% of its value in 24 hours to trade around $3.34, abandoning its recent recovery above $4. Trading volume fell 14.61% to $55.39 million and Open Interest dropped 25.50% to $77.74 million, indicating leveraged traders are unwinding rather than opening fresh directional bets. The key $2.50 support holds, but market structure remains under pressure with resistance at $4.73 and RSI cooling to 51.84 as buying strength fades. The Liquidation Heatmap reveals a strong concentration of positions above current price around $4.45-$4.50, where short liquidations could accelerate a recovery if demand returns.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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