$BERA /USDT: Correction After Recent Highs.... $BERA /USDT has experienced a 6.98% drop after reaching a 24h high of $7.850. The price is currently near its 24h low, signaling a potential support area.

Technical Analysis:

Immediate Support: $7.218, with a possible breakdown leading to $7.19.

Immediate Resistance: $7.291, followed by $7.386 if bullish momentum returns.

Stochastic RSI: 3.87, indicating oversold conditions.

Order Book Sentiment: 68.87% buyers, suggesting some buying pressure despite the decline.

Potential Scenarios:

A bounce from the $7.218 support level may lead to a retest of $7.291.

If bearish pressure continues, a drop below $7.218 could open the way to the $7.19 region.

Investment Strategy:

Buy Opportunity: Enter near $7.22 with a stop below $7.19.

Profit Target: $7.38–$7.48, considering a rebound from oversold levels.

Risk Management: A stop-loss below $7.19 to limit downside exposure.