$BERA just completed a powerful impulsive rally but is now showing classic signs of bullish exhaustion.
Price got firmly rejected at the major resistance area near $1.01, and we’re starting to see increased selling pressure appear on higher timeframes.
Current Market Bias & Trade Outlook:
As long as price fails to break and hold above that $1.01 resistance zone, the path of least resistance remains downward.
A confirmed break of the current structure would likely trigger a fast and aggressive pullback toward the next significant support levels below.
Best approach right now:
Stay patient — wait for proper confirmation before taking any position.
Keep leverage conservative and prioritize strict risk management.
Bottom line:
This structure currently leans bearish unless we see a strong, convincing reclaim of the $1.01 resistance zone with real volume and momentum behind it.