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$BERA Post-Rally Pullback Analysis
$BERA delivered an explosive parabolic move, soaring +54.08% in a single day (from 0.5027 → 1.3699). Such vertical surges often indicate exhaustion, and the market structure confirms a classic pullback after a momentum spike.
Current Situation:
•Price rejected the psychological 1.00–1.05 resistance zone and is now forming lower highs.
•Current price: 0.7841, ~43% retracement from the peak.
•Volume: 1.71B BERA, turnover 1.51B USDT, highlighting strong profit-taking and possible smart money exit.
Technical Implications:
✅ Heavy volume at highs + immediate rejection = increased probability of further downside.
✅ Structure favors bearish continuation unless price decisively reclaims 0.95–1.00.
✅ Potential for deeper retracements if selling pressure persists.
Conclusion:
After the parabolic leg, the pullback aligns with classic distribution and exhaustion patterns. Traders should watch for confirmation above 0.95–1.00 for any bullish recovery; otherwise, the structure remains favoring downside.
#BERA #CryptoAnalysis #Pullback #TrendWatch 📉