🚀 $BERA is showing a potential technical setup!

BERA is developing a macro bottoming structure on the weekly timeframe, attempting to reverse a prolonged downtrend toward upper resistance zones.

📈 The Technical Setup:
‱ The Pattern: Descending trendline breakout with potential reversal base
‱ Short-term Target: 2.4000 USDT to 2.6000 USDT resistance zone
‱ Macro Objective: 2.8000 USDT
‱ Market Structure: Reversal and potential breakout setup

🎯 Key Levels to Watch:
‱ Support / Accumulation Zone: 0.2000 - 0.2626 USDT
‱ Resistance: 2.4000 - 2.6000 USDT
‱ Breakout Level: 1.0000 - 1.2000 USDT trendline intersection
‱ Stop Loss / Invalidation: Below 0.2000 USDT swing low

📊 Confirmation:
‱ Volume: Neutral/standard volume
‱ Momentum: Early signs of bullish momentum following a prolonged downtrend
‱ Trend: Macro downtrend attempting a bottoming reversal structure

⚠ Invalidation:
A weekly close below the 0.2000 USDT support level invalidates the bullish reversal structure.

BERA is forming a potential macro bottoming structure with a projected path toward higher resistance zones if key trendlines are cleared.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

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