đ $BERA Post-Rally Pullback Analysis
$BERA delivered an explosive parabolic move, soaring +54.08% in a single day (from 0.5027 â 1.3699). Such vertical surges often indicate exhaustion, and the market structure confirms a classic pullback after a momentum spike.
Current Situation:
âąPrice rejected the psychological 1.00â1.05 resistance zone and is now forming lower highs.
âąCurrent price: 0.7841, ~43% retracement from the peak.
âąVolume: 1.71B BERA, turnover 1.51B USDT, highlighting strong profit-taking and possible smart money exit.
Technical Implications:
â Heavy volume at highs + immediate rejection = increased probability of further downside.
â Structure favors bearish continuation unless price decisively reclaims 0.95â1.00.
â Potential for deeper retracements if selling pressure persists.
Conclusion:
After the parabolic leg, the pullback aligns with classic distribution and exhaustion patterns. Traders should watch for confirmation above 0.95â1.00 for any bullish recovery; otherwise, the structure remains favoring downside.
#BERA #CryptoAnalysis #Pullback #TrendWatch đ
