$BERA The Fade After the Flash: Time to Catch the Drop❓❓❓
After a rapid vertical spike to 1.752, $BERA is showing clear exhaustion signs with heavy upper wick rejection and consecutive red candles forming a reversal pattern. The volume burst is fading a classic short opportunity may be unfolding...
🔻 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 setup reflects a textbook bull trap — sharp spike, then quick rejection. The lack of sustained demand at the highs and increasing sell pressure (visible on order book) suggests a potential flush back to the prior support zone. Ideal setup for scalpers and short-term trend chasers.
Strategy Tip:
Enter on weak green retest candles or breakdown from the 1.700 handle. Trail your stop once the first target is hit to secure profits on the rest.