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BEAT Token Gains 30% as Ascending Triangle Signals Potential Breakout
BEAT Price – Audiera’s native token BEAT has remained firmly on a bullish trajectory after posting an impressive 30% rally, adding notable value to the asset and drawing renewed attention from market participants. The sharp move higher has now pushed BEAT into a critical resistance zone, a level that could determine whether the rally continues or stalls.
BEAT Approaches a Crucial Technical Level
On the four-hour timeframe, Audiera (BEAT) continues to trade within a broader bullish market structure. Price action has formed an ascending triangle, a classic bullish consolidation pattern that often signals further upside once resistance is broken.
BEAT is currently testing this overhead resistance, marked by a key zone that has rejected price three times in the past. This latest move represents the fourth attempt to break above the level. A decisive breakout would confirm bullish continuation, while another rejection could open the door to a short-term pullback.
If buyers manage to push BEAT above resistance, the probability of the token reaching a new all-time high increases significantly, as indicated by the next major level on the chart.
Momentum Indicators Favor the Bulls
Technical indicators continue to align with the bullish narrative. Moving Averages show strong trend support, with the 20-day and 50-day SMAs holding above the 100-day and 200-day SMAs. This structure suggests that the short-term trend remains in control.
Further supporting this view, the Bull Bear Power (BBP) indicator printed a positive reading of 0.51, signaling that buyers currently dominate market momentum. As long as buying pressure remains steady, BEAT could gather enough strength to overcome resistance.
Token Burns Strengthen the Bullish Case
Beyond technicals, on-chain fundamentals are adding support to BEAT’s outlook. The project’s ongoing token burn mechanism continues to reduce circulating supply, helping create scarcity during periods of rising demand.
So far, 287,170 BEAT tokens have been permanently removed from circulation. At a price of $2.95, this represents approximately $847,151 in burned value. With just over 125,000 holders, continued burns and long-term holder participation could further reinforce BEAT’s market performance.
