$BERA is down 5.61%, with the current price at 0.2238. None of that matters. What’s truly counterintuitive is the trading volume over the past hour: just 0.0× the 24-hour hourly average, while the price hasn’t budged, up or down 0.00%.
On one hand, it’s dumped 9.25% over the past 4 hours; on the other, there hasn’t been a single meaningful trade this hour. The sellers have finished selling, and buyers can’t even be bothered to place orders. The order book is so thin you can see right through it.
In this vacuum, whether the 0.2195 lower boundary holds has nothing to do with fundamentals—it all depends on which way the next big order hits. I’m watching, but I’m not making a move.
#BERA #BinanceSquare #Crypto
On one hand, it’s dumped 9.25% over the past 4 hours; on the other, there hasn’t been a single meaningful trade this hour. The sellers have finished selling, and buyers can’t even be bothered to place orders. The order book is so thin you can see right through it.
In this vacuum, whether the 0.2195 lower boundary holds has nothing to do with fundamentals—it all depends on which way the next big order hits. I’m watching, but I’m not making a move.
#BERA #BinanceSquare #Crypto