$BERA Trade Setup – Short Liquidation Alert.

$BERA has triggered a short liquidation worth $1.54K at $5.700, signaling potential volatility ahead. Here’s a detailed breakdown of the trade setup:
Current Market Condition:
A significant short liquidation at $5.700 suggests that short sellers are being squeezed.
If momentum continues, we might see further upside movements.
However, if resistance holds strong, a reversal could be in play.
Trade Setaup – Key Levels:
Long Entrey (Buy Zone):
$5.50 - $5.70 (Ideal accumulation range after retest)
Targets (Take Profit Levels):
1. $6.00 (First target – psychological level)
2. $6.35 (Strong resistance zone)
3. $6.80 (Potential breakout if momentum sustains)
Stop Loss (Risk Management):
$5.30 (Below key support to protect capital)
Bearish Scenario:
If $BERA fails to hold above $5.50, we may see a correction towards $5.10 - $4.80 range.
Final Thoughts:
The short squeeze could push the price higher, but watch key resistance zones.
Volume confirmation and trend strength will decide the next move.
Always use proper risk management to avoid unnecessary losses.
#BERA