I have analyzed
$BERA for a short trade.
$BERA has shown a sharp bullish expansion and is now facing rejection near the psychological resistance zone around 1.00. After a strong pump, price is consolidating with weakening momentum, signaling potential profit-taking and a short-term pullback.
On the 1H timeframe, bearish candles are forming near resistance. As long as price stays below the recent high, a corrective move remains likely.
The current structure favors a short-term retracement rather than immediate continuation.
Short Bias: Below 1.02
Entry Zone: 0.98 – 1.01
Targets:
TP1: 0.94
TP2: 0.90
TP3: 0.85
Invalidation: Strong breakout and hold above 1.05
Low-leverage shorts only, with strict risk management.
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