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$BERA /USDT LONG SIGNAL 🚀
Signal Overview:
Bullish LONG
$BERA /USDT on Binance Futures. Berachain's native token shows strong bullish momentum after breaking key resistance at 0.50, supported by increasing volume and positive ecosystem developments. RSI (14) at 58 indicates room for upside without overbought conditions, while MACD histogram is expanding positively. Key support holds at the 50 EMA (\0.48), confirming the uptrend.
Entry Zone: $0.505 - $0.525
(Enter on pullback or breakout confirmation for optimal R:R)
Take Profit Levels:
* TP1: $0.56 (Target 1R, partial close 30%)
* TP2: $0.62 (Target 2R, partial close 40%)
* TP3: $0.70 (Target 3R, trail remaining 30%)
Stop Loss: $0.455 (Below recent swing low and 200 EMA for risk management; ~8-10% downside protection)
Risk Management:
* Suggested leverage: 5-10x (adjust based on account size)
* Position size: Risk no more than 1-2% of portfolio
* Invalid if price closes below $0.48 on 4H timeframe
Watch for
$BTC correlation and overall altcoin sentiment. DYOR and trade responsibly! 📈
#BERA #Berachain #CryptoSignals #BinanceFutures #AltcoinSeason
#TechnicalAnalysis #LongTrade