$BERA /USDT Bearish Sentiment: Is a Rebound on the Horizon?
Trade Signals & Strategy to Navigate the Market
$BERA /USDT is trading at $6.687, down 11.48% with a 24H high of $7.586 and a low of $6.632. The sharp decline suggests selling pressure, but the price may stabilize near support.
✅ Trade Signals & Strategy:
1. Buy Entry: $6.60 - $6.70 (On consolidation or reversal)
🎯 Target 1: $7.00
🎯 Target 2: $7.40
❌ Stop Loss: $6.50
2. Sell Entry: Below $6.50 (If bearish momentum persists)
🎯 Target 1: $6.20
🎯 Target 2: $5.80
❌ Stop Loss: $6.80
My Opinion:
/USDT faces significant selling pressure, but a bounce from the support zone could offer buying opportunities. Failure to hold above $6.50 may lead to further downside. Caution is advised with effective risk management.