🔥 $BERA consolidating right now with a pretty clear bullish bias
Volume-wise, the recent up candles are coming with solid volume expansion (like that 26.4M volume spike earlier), which really supports the bullish momentum.
Capital flows look good too: spot market shows nice net inflows over the last 24h (~355k USDT) and 7d (+173k USDT). Contracts are a bit mixed, but the latest 1h inflow (~167k USDT) suggests longs are starting to build up.
Price structure $BERA : We've been forming higher lows since the 0.5367 bottom, and now we're consolidating in the 0.62-0.64 zone—feels like accumulation. Today's +5% move just broke the short-term bearish structure, but R1 resistance at 0.668 is still the key resistance to watch.
My current trade idea $BERA : Cautious long (momentum play)
- Entry zone: 0.6150–0.6280 (on a retest of support + volume confirmation)
- Stop-loss: 0.6030 (below S1 support and recent swing low)
- Targets:
- Primary: 0.6680 (R1 resistance)
- Secondary: 0.6987 (R2 resistance)
Risk note: If we break below 0.6030, the setup gets invalidated and we could retest lower supports. #BERA #BERAUSDT #Berachain