$BERA — One bounce isn't enough for a major rally
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The rise and pullback leave room for another upward wave, but a sustained major reversal has yet to be confirmed.
The first condition is to hold the 0.19–0.20 USDT area and establish a position above the previous peak near 0.218. If the price continues to rise, it will first need to break through the recent 0.24 area; farther up lies the historical zone at 0.337–0.354.
A drop below 0.19 would weaken the scenario. Previous lows near 0.167 and 0.138 lie below.
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The rise and pullback leave room for another upward wave, but a sustained major reversal has yet to be confirmed.
The first condition is to hold the 0.19–0.20 USDT area and establish a position above the previous peak near 0.218. If the price continues to rise, it will first need to break through the recent 0.24 area; farther up lies the historical zone at 0.337–0.354.
A drop below 0.19 would weaken the scenario. Previous lows near 0.167 and 0.138 lie below.