$BERA
๐จ BERA / USDT: The Bearish Hive is Buzzing!
๐
Theyโre calling it the next big Layer-1, but BERAโs chart is screaming a serious warning. With the Fear & Greed Index at an extreme 6 and a massive 63M Token Unlock happening right now, the bears are in total control.
โก Trade Plan: SHORT
Entry: 0.410 โ 0.435
Stop Loss (SL): 0.465
Take Profit 1 (TP1): 0.380
Take Profit 2 (TP2): 0.350
Take Profit 3 (TP3): 0.320
๐ Why the Short?
Supply Shock: 41.7% of the total supply was unlocked yesterday. This massive influx of tokens is creating huge sell pressure.
Weak Momentum: Price has broken below key support levels on the 4H chart. Buyers are nowhere to be seen.
Technical Rejection: Multiple rejections at the 0.48 resistance zone confirm that sellers are dominating every bounce.
RSI Dive: RSI is trending downwards with zero signs of an "oversold" recovery.
The Debate: Is this the final flush before a "Proof-of-Liquidity" miracle pump, or is BERA headed straight to the 0.30 zone? ๐๏ธ
Drop your thoughts below! Are you shorting or waiting for a bottom? ๐
