$BERA
š BERA/USDT ā 1H Chart Signal
Exchange: Binance
Setup: Falling wedge ā nearing resistance test
š° Price: 2.831
š Trend: Bearish ā consolidation in falling wedge
š§ Structure: Price compressing; wedge apex approaching ā potential breakout setup forming
š„ Entry Zone (Long, after breakout confirmation):
2.88 ā 2.94 (on breakout and close above wedge resistance)
šÆ Targets:
TP1: 3.05
TP2: 3.22
TP3: 3.50 (measured move from wedge height)
š Stop-Loss:
2.76 (below local support and wedge base)
āļø Risk:Reward: ~2:1 to TP2
š Bearish Flip:
Breakdown below 2.76 and rejection from wedge resistance invalidates setup
š Note: Volume is declining as price tightens ā classic wedge behavior. Watch for breakout volume surge before entering.