$BERA surged 53% in a single day but faced a strong rejection near the $1.50 wick. On the 1H timeframe, price is now printing lower highs, suggesting momentum may be shifting.

Trade Plan

Entry: $0.78 – $0.82

Stop Loss: $0.92

Take Profit 1: $0.70

Take Profit 2: $0.62

Take Profit 3: $0.55

Rationale

Large blow-off wick signals heavy selling pressure above $1.00

Distribution range forming below $0.90

Bearish momentum building with consecutive red candles

Higher probability pullback toward the pre-breakout base

Discussion

Does BERA reclaim $0.90 and push back toward $1.00 — or continue correcting toward the $0.60 liquidity zone?

Buy and trade $BERA

BERAUSDT

Perp

0.709

+3.03%