$BERA is undergoing a healthy consolidation below a key resistance level after experiencing an 18% short squeeze rise, which is a typical pre-breakout accumulation pattern.
🎯 Direction: Long
🎯 Entry: 0.530 - 0.538
🛑 Stop Loss: 0.515 (strict stop loss, below previous low and EMA20 support)
🚀 Target 1: 0.585 (previous high resistance)
🚀 Target 2: 0.650 (Fibonacci 0.618 extension)
Market Analysis: The 4H level has formed tight consolidation near 0.540 with three consecutive K-lines, and the volume has decreased, which is a typical characteristic of a bullish continuation. Depth data shows that the thickness of buy orders (Bids) is significantly better than sell orders (Asks), with a depth imbalance of -25.3%, indicating strong institutional buying support below.
Core Logic: The core logic is the continuation of the short squeeze market. The funding rate of -0.5199% is deeply negative, but open interest (OI) remains stable, and prices continue to rise, which is a classic signal of short positions being forced to close. Prices have stabilized above EMA20 (0.4822) and EMA50 (0.4780), with a sound trend structure. The RSI (65.37) has healthily retraced from the overbought zone, releasing space for the next upward wave.
Risk Control Points: The stop loss is set at 0.515, which is the low point of the previous 4H K-line and the dynamic support of EMA20, and also the point of logical failure. If it breaks down, it indicates that the short squeeze momentum is exhausted. The entry range of 0.530-0.538 is the upper edge of the current consolidation zone, with a risk-reward ratio >2.5, which meets mathematical advantage.
Trade here 👇$BERA
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