$BERA has completed an epic level price and volume breakout at the 4H level and is now performing a healthy pullback and position reshuffling above the key breakout level. The current price is consolidating around 0.468, right in the 0.382-0.5 Fibonacci retracement area of the massive bullish candle (0.4073-0.616), and the depth of buying (0.4684/0.4685) provides immediate support. The negative funding rate (-0.27%) indicates that bearish sentiment is still present, providing fuel for subsequent short squeezes.
🎯 Direction: Long
🎯 Entry: 0.465 - 0.472
🛑 Stop Loss: Below 0.444 (hard stop loss; if it breaks below the low point of the massive bullish candle, the pattern fails)
🚀 Target 1: 0.538 (previous high resistance & 1.618 Fibonacci extension)
🚀 Target 2: 0.588 - 0.616 (breakthrough new high area)
Logic Hardcore: The price has achieved over 50% increase within a single 4H candle accompanied by extremely high volume (195 million), which is a typical signal of institutional entry/short squeeze. The subsequent two candles show a pullback with reduced volume, and the lowest point (0.4448) has not touched the midpoint of the bullish candle's body (0.46), indicating strong consolidation. The depth of pending orders shows concentrated buying support below 0.468, while selling pressure above (0.4689) is relatively sparse; after breaking through this area, the upward resistance is minimal. The market logic indicating 'institutional entry' resonates with price action (breakout - pullback - support), providing a probabilistic advantage on the bullish side.
Trade here 👇$BERA ---
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