BEAT's recent price action shows very obvious signs of market manipulation. It dropped from 4.5 to the 1.0 range in a short period, then traded sideways for two days, with the consolidation pattern exactly the same as after previous sharp declines.

Looking at the trading volume, it’s gradually decreasing, indicating that selling pressure is being absorbed. However, the moving average layout still shows a bearish arrangement, so a short-term reversal isn’t coming quickly. There is clear buying support around 0.9, while resistance at 1.1 is very strong. The bulls and bears are fighting within this narrow range.

For such highly controlled tokens, sideways trading doesn’t last long. Either volume breaks through 1.1 to open up upward rebound space; or it falls below 0.9 to continue the bottoming process. On the 4-hour chart, the MACD is below the zero line and converging, with momentum building up. A trend reversal is very likely to occur within the next 48 hours.

Active buy and sell orders are repeatedly testing, and large holders show no signs of single-sided positioning. The market maker is clearly waiting for market sentiment to make a choice. The most interesting part of this sideways phase is—regardless of which direction it breaks—there will be a strong explosive move. The trend of controlled tokens is so straightforward: either do nothing, or move quickly to cut through the chaos.