BEAT rose by 17% in the last 24 hours, though the daily trading volume slipped by 25%. The volume stood at roughly $45.96 million at the time of writing. The rally was driven by active user participation alongside solid fundamentals.
Audiera Finance data show total registered wallets surpassed 5 million, with weekly active wallets at 168,490. Last week, circulating supply declined by 193,590 tokens, bringing total burned tokens to 480,760. This supply reduction created buying pressure as BEAT reversed higher.
An airdrop sell-off exhaustion reduced capital outflow. On the charts, BEAT price was stabilizing above $1.50 after hitting a high of $4.80. The $1.50 zone has held its price since the start of December.
The Stochastic Momentum Index reading was at 51, signaling bullish momentum. The price was pushing toward resistance around $2.835. It was trading around $2.235.
Breaking above the $2.8–$3 zone could push BEAT toward levels above $4. Conversely, a move back toward the $1.50 support remains possible.
The Long/Short Ratio stood at 0.91, suggesting bulls may be taking profits while bears could push back. That dynamic suggested near-term price action could tilt between rallies and pullbacks.
Liquidity and token unlocks could define BEAT’s price trajectory. The Aggregated Orderbook Liquidity Delta Chart showed a spike to over $600K. This buy liquidity was a recovery from the negative reading that was seen in the past three days when the price started declining.
Buyer volume often leads to prices pushing up, while the sale results in the opposite direction. For the Futures trading, the order book liquidity delta was negative on Binance.
Next week, about $44 million in BEAT will be unlocked, increasing the circulating supply. This elicits selling sentiment from holders. However, the burning mechanism of the Audiera team could help keep the BEAT token from selling off.
Altogether, BEAT price seemed destined for further appreciation, though more bullish signs needed to align. BEAT rises more than 17% in 24 hours, driven by token burns and user involvement in the web3 dance game token. BEAT price remained above $1.50, but upcoming unlocks could spark a sell-off that could threaten the support.
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