$BERA
BERA/USDT Analysis for the Next 12 Hours
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๐ 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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๐ Potential Movements:
1๏ธโฃ 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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๐ฏ 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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๐ 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.