$BEAT Current situation (data from 1D chart) • Current price: 1.2311 USDT (+3,95%) • 24h Range: 1.1078 - 1.3017 • Latest peak: 1.5237 (reached a few days ago) • Volume: Relatively good (VOL BEAT ~20.78M) Overall trend BEAT is in a strong uptrend in the short term. From the low price area of ~0.55 (around 19-22/05), the price has increased by more than 120% in just over 1 week, creating a distinct impulse wave with a long green candle. Currently, the price is pulling back and adjusting after reaching the peak of 1.5237 and is regaining buying power around the area of 1.20 - 1.23. Important indicators • Moving Averages: The price is far away on all MAs, showing that the upward momentum is still strong: • MA5 (1.1514) & MA10 (1.1434) are supporting well. • MA20 (0.8824) is quite far away → The medium-term trend is still bullish. • Price structure: Higher High & Higher Low is still maintained. The price is currently retesting the middle of the impulse wave. Support - Resistance Resistance: • 1.30 – 1.32 (close resistance) • 1.52 – 1.55 (old peak) Support: • 1.15 – 1.18 (MA5 + MA10 + Fib 0.5 area) • 1.10 (Low 24 hours) • 0.88 (MA20) – stronger support if breaking deep Review Short-term signal: Bullish, but showing signs of overbought after a strong increase. The ability to continue sideway or pullback slightly to gain momentum before trying the 1.40+ area again. Risk: If the support of 1.15 is lost, the price can quickly test 1.00 - 0.88. Recommendation: • Long: Can consider buying dip around 1.15 - 1.18, target 1.40 - 1.52. • Stop loss: Below 1.10. • Track the volume and closing candles today (05/31).