📉 $BERA : Bearish Reversal Confirmed?
$BERA just faced a sharp rejection from the $0.72 zone, forming a classic "liquidity grab" pattern. With the 1H chart printing lower highs and momentum shifting to sellers, the path of least resistance is now to the downside.
📊 Trade Setup (Short):
• Entry: $0.665 – $0.675
• Targets: $0.640 | $0.620 | $0.600
• Stop Loss: $0.705
🔮 Prediction:
The outlook is Bearish (Profit Potential). Today, February 17, $BERA is struggling under the weight of recent token unlocks (63.75M BERA), which is adding significant sell pressure. As long as the price stays below $0.68, we expect a slide back toward the $0.60 support.
Strategy: Short the rallies! A failure to reclaim $0.68 confirms the bears are in total control.
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