The 4‑hour candle ripped through the ~0.00038 barrier and kept sliding. That gap hints at a deeper pull‑back hidden in the price action. Read on 👇
Price is stuck in the low‑20 % RSI zone and the EMA7 sits well under the EMA25, a classic bearish spread. Volume has thinned to the point where the profile’s point‑of‑control sits at $0.000745, far above today’s market, confirming sellers are in control.
On the 4‑hour chart the current area hovers around ~0.000362. Lose the ~0.00038 zone on a 4H close and the bearish premise collapses. If $BETA stays below that line, the next likely target is the ~0.00033 objective zone, where the recent low‑range and unmitigated bearish FVG converge. A bounce above ~0.00038 would force a rethink of the downside narrative.
My read: the chart is screaming lower; the real risk lies in a short‑term recovery that can’t breach the ~0.00038 barrier.
Tap $BETA to pull up the chart and see these zones yourself. Follow me for the next update when price tests the ~0.00033 area – you’ll want to know if the downside holds.
What’s your take on the ~0.00033 zone on $BETA? 👇
⚠️ Not financial advice. DYOR.
#BETA #Crypto #BinanceSquare
Price is stuck in the low‑20 % RSI zone and the EMA7 sits well under the EMA25, a classic bearish spread. Volume has thinned to the point where the profile’s point‑of‑control sits at $0.000745, far above today’s market, confirming sellers are in control.
On the 4‑hour chart the current area hovers around ~0.000362. Lose the ~0.00038 zone on a 4H close and the bearish premise collapses. If $BETA stays below that line, the next likely target is the ~0.00033 objective zone, where the recent low‑range and unmitigated bearish FVG converge. A bounce above ~0.00038 would force a rethink of the downside narrative.
My read: the chart is screaming lower; the real risk lies in a short‑term recovery that can’t breach the ~0.00038 barrier.
Tap $BETA to pull up the chart and see these zones yourself. Follow me for the next update when price tests the ~0.00033 area – you’ll want to know if the downside holds.
What’s your take on the ~0.00033 zone on $BETA? 👇
⚠️ Not financial advice. DYOR.
#BETA #Crypto #BinanceSquare
