【$BERA Signal】Hold Cash and Watch for a Healthy Reset After Short Squeeze Peak

$BERA After a single-day surge of 70%, the price is consolidating at a high level below the previous resistance zone.

🎯 Direction: Hold Cash

Market Analysis: The 4H RSI is as high as 80.08, indicating severe overbought conditions. Funding rate is -0.2116%, and open interest remains stable. This is a typical short squeeze scenario rather than sustained upward manipulation by major players. Depth imbalance is at -0.39%, with sell walls (0.88) significantly thicker than buy walls, indicating heavy selling pressure above.

Logical Core: The price has deviated more than 40% from EMA20 (0.6141), showing a strong need for mean reversion. The surge is accompanied by a buy/sell ratio of only 0.5, suggesting the rally is driven by short covering rather than active buying. Currently, the price is between the previous daily high (0.9368) and the liquidity vacuum zone formed after the surge, lacking effective support.

Trading Plan: Avoid chasing longs during the short squeeze peak. Also avoid top-tailing on the left side for shorts, as the funding rate is negative and shorts are still being squeezed. The best strategy is to wait for the price to complete a healthy reset, retest key supports (such as EMA20 or Fibonacci retracement levels of 0.382-0.5 at 0.65-0.70), and show signs of buy absorption before considering long entries. Risk management is the priority; stay in cash and observe.

Trade 👇 $BERA

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