$BERA Breakdown – Blood on the Charts, Bulls Bleeding Out!
Longs Liquidated: $13.403K at $3.581
It’s a Graveyard for Overleveraged Bulls – But Is This the Buy of the Month?
They tried to ride the wave, but $BERA just wiped out $13K worth of longs at $3.581 – a brutal flush, and exactly what smart money waits for.
Now’s not the time to panic. It’s time to analyze, adapt, and strike.
Technical Analysis – The Bounce Back Might Be Brewing!
Buy Zone:
$3.45 – $3.60
This is the golden retracement zone after the liquidation wick. Watch for volume confirmation and wicks being absorbed – signs the bulls are returning.
Short-Term Targets:
T1: $3.82 – First relief push.
T2: $4.05 – Key resistance.
T3: $4.35 – Full retrace level if momentum builds.
Stop Loss:
$3.38 (Hard Stop)
If price breaks and holds below $3.38, it signals deeper downside – exit immediately.
Thrilling Insight:
The flush at $3.581 wasn't random – it's where leverage stacked up and got crushed. This could be the bear trap that reloads the bulls for the next breakout. Watch for bullish divergence on lower timeframes and volume spikes to confirm.
Risk-Reward looks juicy here – but only if you respect the levels and don’t chase!