-64% in a single day.
That is not a normal correction—it's a structural break, and the chart still hasn't found a floor. The 4H shows eight red bodies in twelve sessions, the last one down 51% in four hours. RSI is below 18, but in a cascade oversold is just a condition.
The volume profile’s heaviest zone sits at 0.000745, nearly double current price—an overhead supply shelf. Any bounce into that area meets trapped sellers.
On the 4H: current pivot ~0.000362 acts as resistance. Below lies the 0.000329 objective zone. Invalidation: a 4H close back above the 0.000380 zone shifts the structure. Until then, lower is the path of least resistance.
My read: $BETA is in a liquidity vacuum. Thin volume, violent downtrend, no bounce catalyst.
Tap $BETA to pull up the chart and check the 4H structure yourself — the levels are clean.
I’ll post an update if 0.000380 is reclaimed or 0.000329 tested—follow so it shows up in your feed.
What level are you watching on $BETA right now? 👇
⚠️ Not financial advice. DYOR.
#BETA #Crypto #BinanceSquare
That is not a normal correction—it's a structural break, and the chart still hasn't found a floor. The 4H shows eight red bodies in twelve sessions, the last one down 51% in four hours. RSI is below 18, but in a cascade oversold is just a condition.
The volume profile’s heaviest zone sits at 0.000745, nearly double current price—an overhead supply shelf. Any bounce into that area meets trapped sellers.
On the 4H: current pivot ~0.000362 acts as resistance. Below lies the 0.000329 objective zone. Invalidation: a 4H close back above the 0.000380 zone shifts the structure. Until then, lower is the path of least resistance.
My read: $BETA is in a liquidity vacuum. Thin volume, violent downtrend, no bounce catalyst.
Tap $BETA to pull up the chart and check the 4H structure yourself — the levels are clean.
I’ll post an update if 0.000380 is reclaimed or 0.000329 tested—follow so it shows up in your feed.
What level are you watching on $BETA right now? 👇
⚠️ Not financial advice. DYOR.
#BETA #Crypto #BinanceSquare