$BERA /USDT - Selling opportunity after sudden rejection 🔥💯
The price of $BERA has risen by more than 15%, but it failed to hold above the resistance level at $4.30.
The price is losing momentum near $3.85, with signs of a bearish reversal appearing on lower time frames.
Trading volume is declining, indicating exhaustion after the recent sharp rise.
Trading setup:
Entry price: $3.84 | Stop loss price: $4.10
First take profit price: $3.60 | Second take profit price: $3.40 | Risk/reward ratio: 1:2+
Optimal entry price when closing 15 minutes/hour below $3.80, or when retesting the failure at the $3.90 level.
Watch for declining trading volume and the state of bearish engulfing for early confirmation.