BERA showing clear bearish divergence exhaustion
🔴 $BERA - SHORT
Trade Plan:
Current Price: $0.3683
Entry Zone: $0.373 – $0.378
SL: $0.392
TP1: $0.350
TP2: $0.330
TP3: $0.305
BERA produced a textbook bearish RSI divergence on the 4H while making higher highs, followed by immediate failure at the 200 EMA with tapering upside volume. Extremely positive funding rates signal overcrowded longs ready for a flush as sellers step in aggressively. The exhaustion setup aligns with broader rotation out of this narrative and negative delta on the volume profile.
Will this divergence trigger the sharp flush lower?
Click below for trade 👇
DYOR & manage risk!
$BERA
🔴 $BERA - SHORT
Trade Plan:
Current Price: $0.3683
Entry Zone: $0.373 – $0.378
SL: $0.392
TP1: $0.350
TP2: $0.330
TP3: $0.305
BERA produced a textbook bearish RSI divergence on the 4H while making higher highs, followed by immediate failure at the 200 EMA with tapering upside volume. Extremely positive funding rates signal overcrowded longs ready for a flush as sellers step in aggressively. The exhaustion setup aligns with broader rotation out of this narrative and negative delta on the volume profile.
Will this divergence trigger the sharp flush lower?
Click below for trade 👇
DYOR & manage risk!
$BERA