🚨 $BERA Bearish Consolidating
Recent K-line data shows significant selling volume during price drops with 39.76M volume during a sharp decline. However, the latest candles show reduced volume, suggesting a potential pause in selling pressure.
Capital Flow: Contract net outflow over 24h is -19.27M USDT, and spot net outflow is -1.34M USDT, indicating sustained selling pressure across both markets. Short-term flows (5m-1H) show minor inflows, but longer-term trends (4H-7D) are strongly negative, reinforcing the bearish outlook.
Entry short $BERA : near current levels 0.880 or on a minor bounce towards 0.90-0.92 (MA10 resistance). Avoid aggressive entries if RSI drops below 30 without confirmation.
Stop Loss: Set stop loss at 0.92 (above MA10 and recent resistance)
Target Price $BERA : Aim for Support level at 0.80 or next support zone at 0.74
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