🔥 $BERA is in consolidation, but the bias still leans bullish
Right now the chart is showing healthy consolidation with upside intent. The recent green candles are backed by expanding volume, including that earlier spike around 26.4M, which adds credibility to the move and suggests buyers are stepping in with conviction.
Capital flow data is also encouraging. Spot markets are printing steady net inflows, roughly 355k USDT over the last 24 hours and about 173k USDT across the past week. Derivatives flow has been a bit uneven, but the most recent one hour inflow near 167k USDT hints that long positions are starting to build momentum.
From a structure perspective, $BERA has been carving out higher lows since the 0.5367 bottom. Price is now ranging in the 0.62 to 0.64 area, which looks more like accumulation than distribution. Today’s roughly 5 percent push helped flip the short term bearish structure, although the 0.668 level remains the major resistance to clear.
Trade idea for $BERA: cautious momentum long
The plan is to look for entries around the 0.6150 to 0.6280 zone on a clean support retest with volume confirmation. Invalidation sits at 0.6030, just under S1 support and the latest swing low.
Upside targets are set at 0.6680 as the first objective around R1 resistance, with an extension toward 0.6987 at R2 if momentum continues.
Risk reminder: A clean break below 0.6030 would invalidate this setup and open the door for a deeper pullback into lower support levels.
