$BERA at the Edge! 🐻 Bullish Divergence or Liquidation Cascade?
BERA is currently trading around **$0.44 - $0.47**, and the stakes couldn't be higher. After a massive 500% spike in volume last week following a token unlock, we are now seeing the "cool-off" phase.
The Breakdown:
The Support Floor: $0.43. This is the "Liquidation Zone." If we break below this, expect a fast drop to $0.40 or even $0.35.
The Resistance Wall: $0.54. We've tested this three times in the last 48 hours and got rejected. A breakout here confirms a rally to $0.80.
Market Sentiment: Currently "Extreme Fear" (Score: 7), but the 4H chart shows a Bullish Divergence on the RSI. Price is flat, but momentum is secretly climbing. 📈
Strategic Play:
I am not shorting here—the funding rates are too negative (meaning everyone is already shorting). I am looking for a long entry if we wick down to $0.41 and quickly reclaim $0.43.
🎯 Are you a "Bera Bull" or a "Bera Bear"?
💬 Let me know your target price in the comments!
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#BERA #Berachain #ProofOfLiquidity #L1
