$BERA /USDT - Bullish breakout confirmed

BERA surged past the pivotal $2.34 resistance, spiking to $2.46 before settling around $2.36, supported by a strong bullish candle and high-volume activity.

Support / Resistance:

Support: $2.35–$2.36 held firm during the retracement

Resistance: Immediate at $2.46; above that, classic resistance zones include $2.52 and $2.61.

Fibonacci Levels

Retracement Status: Entering a bullish phase following the breakout; Fibonacci pivot analysis places key zones around current price.

Price Zones:

Support (S1–S3): $2.15, $2.06, $1.91 respectively

Resistance (R1–R3): $2.38, $2.52, $2.61 respectively

RSI

Value: RSI stands at ~58.5, signaling healthy upward momentum with room before overbought territory.

Interpretation: Balanced momentum; confirms bullish conviction without immediate overbought warning.

Entry Zones

Safer Entry: Around current support $2.35–$2.36, near the confirmed breakout zone.

Aggressive Entry: On a sustained rise above $2.46, ideally accompanied by higher volume to validate movement.

Take-Profit Zones

TP1: $2.52 a key resistance pivot.

TP2: $2.61 next resistance level, followed by higher fib zones above.

Stop-Loss Ideas

Conservative: Just below breakout-supported floor at $2.34 (e.g., $2.32–$2.33).

Tight: Just under retracement wick near $2.30, to minimize risk while allowing some volatility.