【$BERA Signal】Close Position + Observe After Short Squeeze

After a 53% surge in a single day, $BERA entered a high-level consolidation and cooling phase on the 4H chart. The current price is 0.7831, RSI( at 67.57) has fallen back from the overbought zone, but the funding rate is -0.2315% and open interest remains stable. The short squeeze risk persists, so do not attempt to top-tick short.

🎯Direction: Short

Market Analysis: The 4H candlestick shows that after a violent rally from 0.5177 to 1.3699, the price quickly retreated to around 0.78 for consolidation. The last 4H candle closed at 0.7829, with a smaller body, indicating waning momentum. The buy/sell ratio is close to equilibrium (0.49), with no significant active buying.

Logical Core: 1. Short squeeze structure: negative funding rate + high open interest + massive increase in price, typical of a short squeeze market, making shorting countertrend. 2. Technical correction: price is far from EMA20(0.6249), requiring time or a pullback for healthy reset. RSI has fallen from high levels but has not entered the neutral zone. 3. Order book imbalance: depth imbalance at -3.56%, with sell orders (Asks) stacking above 0.7831 (10,218.8), forming a short-term resistance wall. Bids near 0.78 provide some support, but the depth is moderate.

Current Strategy: Wait. Going long requires waiting for a pullback to key support levels (such as EMA20 or previous breakout levels around 0.63-0.65) and signs of volume drying up to confirm a bottom. Conditions for shorting are not met (funding rate negative, no OI decline, no top divergence). The core risk management is to avoid becoming fuel in a short squeeze.

Trade here 👇 $BERA

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