$BERA
Excellent! Let's analyze the current situation of the BERA/USDT currency:
A quick look at the technical situation:
Current price: 3.521
Today's increase: +6.09%
Nearest resistance: EMA 50 moving average at 3.665
Nearest support: Area 3.22 - 3.27
RSI: Close to overbought (68), indicating approaching buying saturation.
Stoch RSI: Very saturated (100), which suggests a potential correction soon.
General trend: Still bearish in the medium and long term, but the price is currently attempting to break out.
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Brief technical analysis:
Positives:
The currency is bouncing from a clear low (3.22) and has shown a strong increase of over 6%.
Good trading volume compared to the movement.
If the price breaks the EMA50 level (at 3.665) firmly, it could start an upward wave towards 4.37 then 4.64.
Negatives:
The indicators are very saturated (RSI and StochRSI), which warns of a potential correction soon.
The general trend is still bearish unless strong resistance areas are broken.
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Is it a golden deal?
Not yet, but very soon!
If 3.66 is broken with a 4-hour candle close and high trading volume, it would be a strong buy signal.
But currently, we should be cautious of a slight correction to 3.40 - 3.35 before the actual launch.
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Advice:
Watch the price at the level of 3.66 – if it breaks it strongly and the RSI exceeds 70 firmly, then we say "the golden deal has started"!
But if it starts to bounce back without breaking it, wait for a new entry from the nearest support.
Excellent! Let's analyze the current situation of the BERA/USDT currency:
A quick look at the technical situation:
Current price: 3.521
Today's increase: +6.09%
Nearest resistance: EMA 50 moving average at 3.665
Nearest support: Area 3.22 - 3.27
RSI: Close to overbought (68), indicating approaching buying saturation.
Stoch RSI: Very saturated (100), which suggests a potential correction soon.
General trend: Still bearish in the medium and long term, but the price is currently attempting to break out.
---
Brief technical analysis:
Positives:
The currency is bouncing from a clear low (3.22) and has shown a strong increase of over 6%.
Good trading volume compared to the movement.
If the price breaks the EMA50 level (at 3.665) firmly, it could start an upward wave towards 4.37 then 4.64.
Negatives:
The indicators are very saturated (RSI and StochRSI), which warns of a potential correction soon.
The general trend is still bearish unless strong resistance areas are broken.
---
Is it a golden deal?
Not yet, but very soon!
If 3.66 is broken with a 4-hour candle close and high trading volume, it would be a strong buy signal.
But currently, we should be cautious of a slight correction to 3.40 - 3.35 before the actual launch.
---
Advice:
Watch the price at the level of 3.66 – if it breaks it strongly and the RSI exceeds 70 firmly, then we say "the golden deal has started"!
But if it starts to bounce back without breaking it, wait for a new entry from the nearest support.