$BERA is showing clear signs of weakness after rejecting the resistance zone at $6.897. A minor pullback to the resistance level is expected – a perfect opportunity to enter short!
🔑 Key Levels:
Resistance: $6.897
Support: $6.155 (Potential Target)
Current Price: $6.615
📉 Trade Setup: ➡️ Entry: After confirmation of bearish momentum at $6.790 – $6.897 🎯 Target (TP): $6.155 🛡️ Stop Loss (SL): $6.905
📊 Market Outlook: A clean rejection from resistance confirms a bearish setup. If the pullback holds below $6.897, we expect a strong downward continuation toward support.
⚠️ Risk Management: Use proper position sizing and maintain a 1:3 risk-to-reward ratio for optimal results.
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