🔥 $BERA just came off a massive bullish impulse, and now we’re seeing the market cool down after that explosive move. After a rally like this, a short-term correction is healthy. On the 1H timeframe, bias is cautiously bearish for now — a pullback looks likely before the next decision point.
Price action has been aggressive: a sharp push from 0.585 → 0.745, roughly a 27% expansion in a very short window. Rallies of this magnitude typically retrace 50–62% before continuation or reversal, so chasing here carries elevated risk.
Volume confirms the slowdown. The latest 1H candle printed around 308K, a huge drop compared to the 29M+ spike during the breakout. That kind of volume divergence often signals buyer exhaustion at higher levels.
Flows tell a mixed story. Short-term derivatives (5m–30m) are seeing notable inflows (~$1.95M), suggesting speculative interest is still active. Meanwhile, spot markets are seeing consistent outflows, hinting that holders are taking profits into strength.
Trade ideas (not financial advice):
🔻 Short entries: 0.695–0.705, or a relief bounce toward 0.72
🔼 Long entries: Wait for a deeper pullback into 0.62–0.64
Risk management:
• Shorts SL: 0.72–0.73 zone
• Longs SL: Below 0.585 key support
Targets:
🎯 Shorts: 0.640 first (~8%), then 0.620 (~12%)
🎯 Dip-buy longs: Potential rebound toward 0.72–0.74
So what’s your approach here — fade the extension or patiently buy the dip?