🔥 $BERA Bullish (Correcting from overbought conditions). I'd consider long but wait for pullback entry

Recent 1h candles show declining volume during the pullback from the 24h high (1.036), indicating weakening selling pressure. The earlier rally was accompanied by high volume, confirming strong bullish interest.

Capital Flow: Persistent net outflows in both spot and contract markets over 24h (-10.88M USDT spot, -18.59M USDT contracts) suggest profit-taking after the 19.97% surge. However, the 5m contract inflow (+260K USDT) hints at minor bullish attempts near current levels.

Entry long $BERA : Enter on a dip toward the primary support at 0.938 USDT (or near the MA20 at 0.903 USDT for better risk-reward). A break above 0.985 (recent resistance) could signal renewed momentum.

Stop-Loss: Set at 0.905–0.910 USDT if entering near 0.938.

Target Price $BERA : 1.036 (resistance level) or 1.085 (next resistance).

Support me by Click below to Trade 👇 Cheers

BERA
BERAUSDT
0.8727
+2.35%

#bera #berausdt #Berachain