BEAT has pushed sharply from the $0.12 area toward $0.16, but the rejection from that local high shows sellers are still active. Price is now around $0.134, leaving the market between the recent breakout and the lower demand zone.
The key resistance sits around $0.165-$0.188. A move into this area could attract more selling, while the $0.118-$0.121 zone remains the main demand area to watch if the current pullback continues.
A deeper retracement into demand could provide the next opportunity on $BEAT , especially if buyers show a clear reaction there. Reclaiming $0.16 would strengthen the upside case and put the higher supply zone back in focus.
Right now, the chart favors patience. The move has already been strong, so waiting for either a confirmed breakout above resistance or a reaction from demand offers a cleaner setup than chasing price in the middle.
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The key resistance sits around $0.165-$0.188. A move into this area could attract more selling, while the $0.118-$0.121 zone remains the main demand area to watch if the current pullback continues.
A deeper retracement into demand could provide the next opportunity on $BEAT , especially if buyers show a clear reaction there. Reclaiming $0.16 would strengthen the upside case and put the higher supply zone back in focus.
Right now, the chart favors patience. The move has already been strong, so waiting for either a confirmed breakout above resistance or a reaction from demand offers a cleaner setup than chasing price in the middle.
#BEATS #SchwabPlansToAddSOLAVAXLINKTrading
