$BERA /USDT – Warning: Breakdown Imminent Below $3.80!

Current Price: $3.83 (+12.08% gain, though momentum is waning)

Chart Pattern: $BERA is exhibiting a descending triangle pattern, with lower highs compressing around a steadfast support level at $3.80. This compression is pushing the price toward a critical breakdown zone.

Key Levels:

Resistance: $4.00 – $4.20

Support: $3.80 (a solid horizontal base)

Breakdown Signal: A candle closing below $3.80 would validate a bearish move.

Short Trade Strategy:

Entry Zone: $3.78 – $3.82

Target 1: $3.55

Target 2: $3.35

Stop-Loss: $3.90

Market Overview:

The market shows high volatility and several unsuccessful attempts to bounce from the $3.80 level, indicating a shift in control toward sellers. As trading volume declines and momentum slows, the bullish drive appears to be faltering.

Insider Tip:

Be patient. Wait for a clear breakdown with a subsequent retest of the $3.80 level to secure a more reliable short setup. The market may be on the brink of a decisive bearish move—prepare accordingly.

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