đ„$BERA Big impulse. Big wick. Big reaction.
Is $BERA đ» gearing up for round 2 or cooling off? đ
Holding above $0.90 is key.
Next target: $1.00 psychological level đŻ
BERA just printed a massive impulse move, followed by a sharp wick to the upside and now weâre seeing consolidation around $0.92.
Letâs break it down:
đ 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:
đ There was strong rejection at higher levels.
đ Key Levels to Watch
Support Zone:
đą $0.85 â $0.88 (recent pullback area)
Psychological Level:
đ§ $1.00 (major resistance)
Upside Liquidity:
đ Above $1.05 if momentum returns
đ 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 $0.75â$0.78 zone.
Right now this looks like post-breakout consolidation, not full reversal â but confirmation is key.
đŻ What Iâm 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.
