#BERAonBinanceFuture ❓$BERA is making another attempt to reach $11, potentially climbing to $20.....$BERA /USDT Trading Signal: Momentum Building Up ,❗$BERA /USDT is trading at $8.091, bouncing after a drop from its recent high of $9.234. The market is showing signs of recovery near critical levels, presenting a possible setup for long and short trades. Here's the strategy:
Long Trade Setup:
Entry Price: $8.091
Resistance Level (Breakout Point): $8.550
Take-Profit Targets (Long):
TP1: $8.700
TP2: $8.900
TP3: $9.200
Stop-Loss (SL): $7.850
Long Strategy:
Enter if BERA/USDT confirms a breakout above $8.550 with high trading volume. A sustained move above this level could target the higher resistance zones.
Short Trade Setup:
Entry Price: $8.091
Support Level (Breakdown Point): $7.850
Take-Profit Targets (Short):
TP1: $7.700
TP2: $7.500
TP3: $7.200
Stop-Loss (SL): $8.550
Short Strategy:
A breakdown below $7.850 with increasing sell pressure could lead to a retest of lower support levels. Monitor for confirmation.
Market Insight:
BERA/USDT is trading within a volatile range, with a breakout above $8.550 likely indicating bullish momentum, while a breakdown below $7.850 could invite selling pressure. Risk management is key in this environment.