BEAT token has rallied more than 140% in two weeks and 11% in the last 24 hours, according to a report on the token’s market action. The token is now testing the $1.45 resistance level — a price point that previously rejected blulish moves on May 24.. Trading volume jumped 67% and open interest rose 14%, signaling short-term strength, though the broader trend remains bearish.

The $1.45 Resistance That Rejected BEAT on May 24

As the source notes, $1.45 is not just a round number — it is a technical level that stopped BEAT’s upward momentum in late May. The token initially rallied to that zone, only to reverse sharply. Now, with renewed volume and open interest, the market is testing the same barrier. Analysts cited in the report describe the area between $1.43 and $1.52 as a “significant short-term supply zone” that could cap further gains. A sustained daily close above $1.60 would be needed to confirm a breakout and invalidate the current range-bound pattern.

Volume Up 67%, Open Interest Up 14%: Anatomy of a 140% Rally

The report highlights that trading volume surged 67% in the past 24 hours, while open interest increased by just over 14%.. This combination of strong spot and derivatives activity, alongside rapid price appreciation , typically signals short-term strength. However, the higher timeframe trend and structure for BEAT have been bearish. The token formed an internal bullish structure shift after reaching a March high of $0.78, suggesting a potential change in dynamics — but the broader context remains cautious.

A $2.31 Target or a $0.53 Plunge: Two Scenarios for Swing Traders

According to the report’s analysis, two main scenarios are on the table for swing traders. The optimistic outlook involves a breakout above the local high of $1.52,which would signal a continuation of the bullish trend. If that happens, prices could target the 50% retracement level near $2.31 and possibly extend up to $3.56. The bearish scenario, conversely, would see BEAT drop back below $1.16, with a potential decline reaching as low as $0.53. Over the past two weeks, price has consolidated within a range from $0.96 to $1.43.

Short Liquidations Above $1.35 Point to a ‘Magnet’ Move Toward $1.50-$1.60

The report examines a 1-month liquidation heatmap, revealing a cluster of short liquidations between $1.35 and $1.68, some already triggered. Additional liquidity sits above this zone, which “may act as a magnet for prices.” Cumulative short liquidation leverage is notably higher above the current price than below, adding weight to the expectation of a short-term move toward the $1.50-$1.60 region. However, as the analysis cautions, such a liquidity sweep could be followed by a rejection and a retracement toward the $0.96 low. Traders should watch the $1.52 supply zone closely.