【ACT | Reclaimed former resistance in the morning, then lost it again; weakness continued in the evening】
Updating the record of the morning recovery structure. Binance ACTUSDT perpetual, refreshed November 8 at 20:14 Beijing time; 5-minute snapshot price: 0.0103200.
The morning post recorded a roughly 9.36% rise during the complete 07:00–08:00 hour, reclaiming former resistance at 0.011579, followed by observation of local support at 0.011711. The price is now below both 0.011711 and 0.011579; during the complete 19:00–20:00 hour, it opened at 0.0109290 and closed at 0.0106350, with the candle's high of 0.0109860 also below both former levels. Therefore, the earlier description of a strong structure—“former resistance reclaimed, waiting for a pullback”—can no longer be used.
The complete 19:00–20:00 hour fell 2.6901%; the latest completed five-minute candle, 20:05–20:10, closed at 0.0104240 from an open of 0.0105610, down 1.2972%. The unclosed 20:10–20:15 candle is currently down 1.0072%, with an intraperiod low of 0.0102440; the 20:00–21:00 hourly candle is currently down 3.0081%. Snapshot prices differ slightly because requests for different timeframes were made separately: 0.0103180 for the hourly snapshot versus the 5-minute snapshot.
The resistance reference on the chart is 0.0108220, based on the high of the completed 19:45 five-minute rebound. The 0.0102440 level below is merely the provisional low of the unclosed 20:10 five-minute candle and cannot be directly treated as valid support.
The focus of this update is that the morning recovery structure has failed—not to treat every narrow continuation of the evening decline as a new reversal. This is only a candlestick record; it does not speculate on causes or provide trading advice.
Updating the record of the morning recovery structure. Binance ACTUSDT perpetual, refreshed November 8 at 20:14 Beijing time; 5-minute snapshot price: 0.0103200.
The morning post recorded a roughly 9.36% rise during the complete 07:00–08:00 hour, reclaiming former resistance at 0.011579, followed by observation of local support at 0.011711. The price is now below both 0.011711 and 0.011579; during the complete 19:00–20:00 hour, it opened at 0.0109290 and closed at 0.0106350, with the candle's high of 0.0109860 also below both former levels. Therefore, the earlier description of a strong structure—“former resistance reclaimed, waiting for a pullback”—can no longer be used.
The complete 19:00–20:00 hour fell 2.6901%; the latest completed five-minute candle, 20:05–20:10, closed at 0.0104240 from an open of 0.0105610, down 1.2972%. The unclosed 20:10–20:15 candle is currently down 1.0072%, with an intraperiod low of 0.0102440; the 20:00–21:00 hourly candle is currently down 3.0081%. Snapshot prices differ slightly because requests for different timeframes were made separately: 0.0103180 for the hourly snapshot versus the 5-minute snapshot.
The resistance reference on the chart is 0.0108220, based on the high of the completed 19:45 five-minute rebound. The 0.0102440 level below is merely the provisional low of the unclosed 20:10 five-minute candle and cannot be directly treated as valid support.
The focus of this update is that the morning recovery structure has failed—not to treat every narrow continuation of the evening decline as a new reversal. This is only a candlestick record; it does not speculate on causes or provide trading advice.
