๐ฅ$BERA Big impulse. Big wick. Big reaction.
Is $BERA ๐ป gearing up for round 2 or cooling off? ๐
Holding above $0.90 is key.
Next target: $1.00 psychological level ๐ฏ
BERA just printed a massive impulse move, followed by a sharp wick to the upside and now weโre seeing consolidation around $0.92.
Letโs break it down:
๐ What Happened?
Strong breakout momentum pushed price aggressively upward
Huge upper wick = heavy profit-taking / liquidity grab
Now price is stabilizing below $1.00
That wick tells us one thing clearly:
๐ There was strong rejection at higher levels.
๐ Key Levels to Watch
Support Zone:
๐ข $0.85 โ $0.88 (recent pullback area)
Psychological Level:
๐ง $1.00 (major resistance)
Upside Liquidity:
๐ Above $1.05 if momentum returns
๐ Possible Scenarios
Bullish Case:
If BERA holds above $0.88 and builds higher lows, we could see another attempt at breaking $1.00.
Bearish Case:
Loss of $0.85 support opens room for a deeper retrace toward the $0.75โ$0.78 zone.
Right now this looks like post-breakout consolidation, not full reversal โ but confirmation is key.
๐ฏ What Iโm Watching
Volume during consolidation
Break & close above $1.00
Structure: higher low vs. lower high formation
This is the type of setup where patience > prediction.
