$BERA

BERA/USDT Analysis for the Next 12 Hours

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๐Ÿ“Š Current Market Conditions:

Last Price: $6.745 (-1.46%)

Nearest Resistance: $6.89 - $7.00

Nearest Support: $6.59 - $6.50

MACD: Histogram weakening, bearish signal possible if no buying momentum

Volume: Decreasing, indicating weak buying interest at the moment

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๐Ÿ“Œ Potential Movements:

1๏ธโƒฃ Bearish Scenario (If Price Drops Below $6.59):

If the price fails to hold above $6.59, it could decline to $6.50 - $6.30.

If selling pressure increases, the price may correct further to $6.00 - $5.80.

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๐ŸŽฏ Entry & Stop Loss Levels:

Entry Sell (Short):

Entry: $6.89 - $7.00 (if rejection occurs)

Stop Loss: $7.10

Take Profit:

TP1: $6.70

TP2: $6.59

TP3: $6.50 - $6.30

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๐Ÿ” Conclusion:

BERA/USDT is currently in a correction phase after a previous uptrend. If the price stays above $6.59, there is potential for an increase to $7.00 - $7.50. However, if selling pressure intensifies, the price could drop to $6.50 - $6.30.

Recommendations:

Sell at $6.89 - $7.00 if rejection occurs, target $6.50 - $6.30, stop loss $7.10.