After the $BEAT 22 update, trading volume during the 23:00 hour rose to 2.96 times the average of the previous four hours, but the price fell back from 0.11513 to close at 0.10434, 9.37% below the high. The new development is a sharp retracement after a high-volume surge. I’m still waiting on the sidelines; the rise should no longer be interpreted as a steady recovery.
Entry watch: Wait for a completed 15-minute candle to break above 0.11199 (the 23:45 high), then pull back and hold. This confirmation has not occurred, so the old 22:00 price is no longer applicable.
First target reference: 0.11250, the 23:00 high—the nearest historical resistance above the current sample.
Second and third targets: Pending confirmation; do not skip nearby resistance.
Stop-loss reference: 0.10340, the 23:45 low; a break below this level invalidates this setup.
Using 0.11199 as the reference entry and 0.10340 as the invalidation level, the gross reward-to-risk ratio to 0.11250 is only about 0.06, below 2:1, so there is currently no qualified entry. Wait for a new structure to provide a reasonable invalidation distance, then recalculate based on the nearest resistance, quote, fees, slippage, and funding costs.
The newly completed four-hour period from 20:00 to 00:00 gained 5.40%, with volume of 42.2481 million USDT, 1.93 times that of the previous four hours; however, OI quantity fell by 1.40% in the final hour. This indicates that some open positions were closed during the surge, but it does not establish which side closed positions, nor should trading volume be treated as net inflow. No single new fundamental catalyst has been verified.
Collected at 00:03 on October 30; monitoring until 01:00. Reassess if conditions change. This is not a claim of an executed trade or guaranteed returns.
Entry watch: Wait for a completed 15-minute candle to break above 0.11199 (the 23:45 high), then pull back and hold. This confirmation has not occurred, so the old 22:00 price is no longer applicable.
First target reference: 0.11250, the 23:00 high—the nearest historical resistance above the current sample.
Second and third targets: Pending confirmation; do not skip nearby resistance.
Stop-loss reference: 0.10340, the 23:45 low; a break below this level invalidates this setup.
Using 0.11199 as the reference entry and 0.10340 as the invalidation level, the gross reward-to-risk ratio to 0.11250 is only about 0.06, below 2:1, so there is currently no qualified entry. Wait for a new structure to provide a reasonable invalidation distance, then recalculate based on the nearest resistance, quote, fees, slippage, and funding costs.
The newly completed four-hour period from 20:00 to 00:00 gained 5.40%, with volume of 42.2481 million USDT, 1.93 times that of the previous four hours; however, OI quantity fell by 1.40% in the final hour. This indicates that some open positions were closed during the surge, but it does not establish which side closed positions, nor should trading volume be treated as net inflow. No single new fundamental catalyst has been verified.
Collected at 00:03 on October 30; monitoring until 01:00. Reassess if conditions change. This is not a claim of an executed trade or guaranteed returns.
