$BERA/USDT
Current price: $2.8
Target Price:
- TP1：$2.980
- TP2: $3.120
- TP3: $3.300
Stop-loss price: below $2.760
Reason for Purchase:
$BERA/USDT has strongly broken through the $2.60 key support level, with the current price at $2.901 (+14.66%), and the technical analysis shows the following bullish signals:
1. Structural Integrity:
- After breaking $2.60, a "higher low" structure is formed ($2.60→$2.88), confirming the upward trend;
- $2.760 support level (previous high + Fibonacci 61.8% retracement level) provides a safety margin.
2. Validity of breakthrough:
- When breaking through the $2.85 resistance zone, the trading volume increased to 2.3 times the daily average, confirming capital inflow;
- $2.980 is the 200-day moving average resistance, and a breakout could accelerate the rise to the $3.120–$3.300 range.
3. Capital Flow:
- In the past 24 hours, the net long positions in contracts increased by 37%, with a funding rate of +0.021% (longs paying interest), and leveraged funds are actively going long;
- The transaction volume in the range of $2.88–$2.91 accounts for 45%, with buyers heavily positioning in this area.
4. Kinetic Verification:
- RSI indicator at 72 (neutral to bullish), MACD red bars continue to expand, short-term momentum is strong;
- After the breakout, the Up Vol accounted for 68%, and the selling pressure is weak.
This content is for reference only and should not be considered as investment advice.
