$BERA 📉 BERA/USDT Market Update – Binance (4H Chart)
📅 Date: Feb 12, 2025 – 03:16 UTC
💰 Current Price: 5.840 USDT
📊 Volume: 1.56M (Low trading activity)
⚡ Trend: Potential reversal from downtrend
📍 Key Levels
🔼 Resistance: 6.200 | 7.000
🔽 Support: 5.500 | 5.000
📊 Indicators & Pattern Analysis
✅ Candle Formation:
Small green candles indicating a possible reversal.
Price holding above the recent support, forming a potential bottom.
✅ Chart Pattern:
Rounded bottom formation – indicating a potential recovery.
✅ Moving Averages:
20-EMA (Green): Curving upwards, signaling possible trend shift.
50-EMA (Not yet tested): Likely resistance ahead.
✅ RSI & ADX:
RSI: 43.10 → Recovery mode, but still in neutral zone.
ADX: 24.23 → Moderate trend strength, leaning towards buyers.
Positive DI (22.88) > Negative DI (13.40), suggesting a shift in momentum.
📉 Trade Setup
🟢 Long (Buy) – If BERA Holds Above 5.500 Support
📌 Entry: 5.900 - 6.000
📌 Stop-Loss: 5.400
📌 Take-Profit: 6.500 - 7.000
✅ Confirmation: RSI breaking above 50, volume increase.
🔴 Short (Sell) – If BERA Reverses Below 5.500
📌 Entry: 5.400 - 5.300
📌 Stop-Loss: 5.800
📌 Take-Profit: 4.800 - 4.500
✅ Confirmation: Breakdown below 5.500 with strong selling pressure.
⏳ Trade Duration: 4-12 Hours
📢 Conclusion:
📊 Pattern: Rounded bottom – early signs of trend reversal.
⚡ Strategy: Bullish above 5.500, cautious if breakdown occurs.
📌 Disclaimer: This is not financial advice. Always do your own research and risk management. 🚀
