📍 Current Price: $5.971
📊 Trade Strategy: Short Position Opportunity
is encountering strong resistance near $6.20, struggling to break higher. If this level holds, we could see downside pressure intensify, providing a high-probability short setup.
🔹 Short Entry Zone: $6.00 – $6.20
🔹 Key Resistance Levels: $6.30 – $6.50Profit Targets:
T1: $5.80
T2: $5.60
T3: $5.40
🔹 Stop Loss: Above $6.60 (protecting against potential breakouts)
📌 Market Outlook & Risk Management
📉 Bearish Confirmation: If $BERA fails to surpass $6.20 and shows weakness, it could trigger a decline toward $5.80 and lower levels.
⚠️ Key Risk Management Strategy: Maintain a 2-3% risk per trade and keep a well-placed stop-loss to manage volatility.
📢 Pro Tip: Watch for a rejection around $6.20 with declining volume—this could reinforce the short thesis and confirm further downside movement.
