After a sharp spike to 1.752, $BERA is now pulling back aggressively. Heavy wicks, red candles, and declining volume clearly indicate that bulls are losing steam — and a clean short setup is forming.
🔸 New Short Trade Setup • Entry Zone: 1.708 – 1.715
• TP1: 1.685
• TP2: 1.664
• TP3: 1.640
• Stop Loss: Above 1.732
📊 Market Insight:
This move looks like a textbook bull trap — a quick spike followed by rejection and zero follow-through. Sell pressure is increasing, and the order book is thinning out. A retest of previous support levels looks likely from here.
⚙️ Strategy Tip:
Keep an eye on weak green candle retests around 1.700 or a clean breakdown confirmation. Once TP1 is hit, consider trailing your stop loss to secure profits and protect the trade.