#BERA (1W) Outlook
In the short term, a bullish relief bounce is expected, potentially pushing price toward the $0.69 area, which aligns with a key resistance and projected sell zone. This move should be viewed as a corrective rally rather than a trend reversal.
After this bounce, the broader structure favors a bearish continuation, with price likely declining further into a long-term accumulation zone around $0.09. This area represents a significant demand zone where buyers may begin to step in.
From a macro perspective, once accumulation is complete, the market could transition into the early stages of a new bullish cycle, supported by higher lows and improving structure.๐
Key Levels:
Short-term resistance / sell zone: ~$0.69๐
Accumulation zone: ~$0.09๐
In the short term, a bullish relief bounce is expected, potentially pushing price toward the $0.69 area, which aligns with a key resistance and projected sell zone. This move should be viewed as a corrective rally rather than a trend reversal.
After this bounce, the broader structure favors a bearish continuation, with price likely declining further into a long-term accumulation zone around $0.09. This area represents a significant demand zone where buyers may begin to step in.
From a macro perspective, once accumulation is complete, the market could transition into the early stages of a new bullish cycle, supported by higher lows and improving structure.๐
Key Levels:
Short-term resistance / sell zone: ~$0.69๐
Accumulation zone: ~$0.09๐