【$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, 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 declining volume, a typical sign of a continuation rally. Depth data shows bid thickness significantly exceeds ask thickness, with a depth imbalance of -25.3%, indicating strong institutional buy support below.

Logical Core: The core logic is the continuation of the 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), with the trend structure intact. RSI (65.37) has pulled back healthily from overbought territory, leaving room for the next upward move.

Risk Management Points: Set stop loss at 0.515, which is the low of the previous 4-hour candle and the dynamic support of EMA20, also a point where the logic fails if broken. Falling below 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, meeting mathematical advantage.

Trade here 👇 $BERA

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