$BERA A/USDT SETS UP FOR A POTENTIAL BULLISH REVERSAL – BUYERS DEFEND CRITICAL SUPPORT ZONE
Immediate Market Move Explanation:
$BERA/USDT is trading at 1.794, showing a modest +0.56% gain but more importantly, it's stabilizing above a key demand zone near 1.760–1.780. The price is forming a base just above strong support, with visible buy interest holding it steady. The ask side shows resistance building around 1.880–1.940, but the market is setting up for a potential push higher if buyers sustain pressure.
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Trade Setup:
Position: Long
Entry: 1.790–1.795
Take Profit (TP):
TP1: 1.840
TP2: 1.880
TP3: 1.940
Stop Loss (SL): 1.760
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Market Outlook:
The sideways action near support suggests consolidation before a breakout. A successful hold above 1.780 could trigger a rebound towards previous resistance levels. Monitor volume and price action closely – a bullish engulfing candle or a spike in volume could signal the start of a new uptrend.
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