#BERAUSDT Expecting a reversal and price drop

186
📉 SHORT BERAUSDT.P from $5.635
🛡 Stop Loss: $6.380

⏱ 1H Timeframe

✅ Overview:
➡️ BERAUSDT.P is facing strong resistance around $5.635, signaling a potential price reversal.
➡️ The $5.635 - $6.000 area has acted as a liquidity zone before, and if buyers start taking profits, a correction downward is likely.
➡️ The primary target for the decline is $4.145, a level where previous buy activity was observed.
➡️ Volume is starting to decline, indicating a potential shift from buyers to sellers.

⚡ Plan:
📉 Bearish Scenario:
➡️ Enter SHORT from $5.635 if the price fails to hold above resistance.
➡️ Risk management with Stop-Loss at $6.380, above key resistance.

🎯 TP Target:
💎 TP1: $4.145 — strong support and profit-taking zone.

🚀 BERAUSDT.P Expecting a reversal and price drop!


📢 After a strong upward move, BERAUSDT.P is approaching a potential reversal zone. If the price fails to hold above $5.635, a decline towards $4.145 is likely.
📢 However, if buyers manage to push the price above $6.000, the short scenario may be invalidated, leading to further bullish momentum.

Penafian

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