$BERA : short setup from daily support at 0.3942
The $BERA continues its global downtrend, and today’s price movement gives a clear signal for further decline.
Earlier today, we saw a strong push higher that was quickly reversed: the price not only rolled back but dropped below the daily open level. This is not a coincidence — we are witnessing a deliberate accumulation of a short position. The large player intentionally let the price run up to trap buyers (longs), using their volume to build a short position at much better prices.
What is particularly telling is the nature of the drop. The price didn't crash sharply on emotions; instead, it moved lower slowly and confidently, methodically eating through all the buyers' limit orders along the way. This kind of movement shows that the major player isn't offloading, but rather accumulating a position using the counter-trend move in full control. The bias remains strictly short.
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NFA. DYOR.