After a significant pullback from the all-time high, buying momentum appears to be waning. Recent rebounds have been accompanied by extreme volume contraction, indicating that upward momentum is not strong. Buyers are being gradually exhausted at high levels, while sellers are beginning to take control more easily. This heavy liquidity feeling often signals an impending trend reversal, and as long as selling pressure persists, the downside potential is likely to open up.
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$BERA The rally shows signs of fatigue, and selling pressure at high levels is accumulating.
Short $BERA immediately
Entry: 0.90 – 0.95
Stop Loss: 0.86
First Target: 0.65
Second Target: 0.50
Third Target: 0.38
After a significant pullback from the all-time high, buying momentum appears to be waning. Recent rebounds have been accompanied by extreme volume contraction, indicating that upward momentum is not strong. Buyers are being gradually exhausted at high levels, while sellers are beginning to take control more easily. This heavy liquidity feeling often signals an impending trend reversal, and as long as selling pressure persists, the downside potential is likely to open up.
Trade $BERA here 👇