NEUTRAL TO BEARISH $BERA (1h) • Current Structure: Extreme vertical impulse from the 0.337 base with a liquidity spike to 0.800, followed by an immediate rejection and pullback. Current price action is post spike distribution / cooling, not structured continuation. • Market Structure Notes: Sell side liquidity swept at 0.337 before the impulse Buy side liquidity heavily swept above 0.60 into 0.80 No confirmed higher low formed after the spike Current candles show lower highs beneath the rejection zone Structure is unstable due to the one candle expansion • Volume Behavior: Massive volume expansion on the spike candle (climactic). Follow up candles show reduced but still elevated volume, consistent with profit taking and distribution, not fresh accumulation. • Key Levels: Support: 0.43 – 0.41 (impulse base / MA99 area) Resistance: 0.52 – 0.60 (rejection zone below spike high)
• Entry Trigger: LONG if: Price holds above 0.41 and forms a clear higher low with a strong 1h close back above 0.52. SHORT if: Price fails to reclaim 0.52 and shows acceptance below 0.43, confirming continuation of post spike unwind.
• Invalidation Level: Bias invalidated above: 0.60 (acceptance back into the upper distribution range) Summary: No clean trade currently. The move into 0.80 was a liquidity event, not a structured trend leg. Until a higher low forms or resistance is cleanly reclaimed, this remains a wait and react environment, not a chase or forced entry.
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