【$BERA Signal】Long | Healthy Pullback After Short Squeeze Initiation

$BERA After experiencing an 18% short squeeze rally, it is currently consolidating healthily below a key resistance level, which is a typical pre-breakout buildup pattern.

🎯Direction: Long

🎯Entry: 0.530 - 0.538

🛑Stop Loss: 0.515 (Rigid stop loss, break below previous low and EMA20 support)

🚀Target 1: 0.585 (Previous high resistance)

🚀Target 2: 0.650 (Fibonacci 0.618 extension level)

Market Analysis: On the 4-hour chart, three consecutive candles near 0.540 form a tight consolidation with shrinking volume, a typical sign of a bullish continuation. Depth data shows bid (buy) orders significantly outweigh ask (sell) orders, with a depth imbalance of -25.3%, indicating strong institutional buy support below.

Core Logic: The main reason is the continuation of the short squeeze (Short Squeeze) trend. The funding rate is -0.5199%, a negative deep value, but open interest (OI) remains stable, and the price continues to rise, a classic signal of forced short covering. The price has stabilized above EMA20 (0.4822) and EMA50 (0.4780), indicating the trend structure is intact. RSI (65.37) has pulled back from overbought territory to allow room for the next upward move.

Risk Management Points: Set stop loss at 0.515, which is the low of the previous 4H candle and EMA20 dynamic support, also a point where the logic fails. If broken, it indicates the short squeeze momentum is exhausted. The entry zone of 0.530-0.538 is the upper boundary of the current consolidation, with a risk-reward ratio >2.5, aligning with mathematical advantage.

Trade here 👇 $BERA

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