BERA's recent market movement is quite interesting. In just two hours, I went short directly, with RSI soaring to 88 and the stochastic indicator J value reaching 99—classic signs of severe overbought conditions. From a volume perspective, the momentum is starting to lag. The previous high at 0.864 looks like a solid wall, and any upward breakout is basically to create a short trap. Currently, the price is at 0.7622, and the technical indicators clearly point to downward pressure. Instead of struggling, it's better to go with the flow.
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GasFeeNightmare
· 10h ago
RSI88, J value 99? This is really the rhythm of a market crash, going short in line with the trend won't lose money.
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MemeCoinSavant
· 10h ago
ngl the RSI at 88 thing is classic textbook overbought copium, but like... have you considered the memetic velocity of BERA might just be different? 🤔 my regression analysis suggests this could slap either way (p < 0.420)
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metaverse_hermit
· 10h ago
Another short trap again? BERA's recent surge is indeed fierce, but to be honest, we've seen RSI spike to 88 many times before, and each time they all bounce back.
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ZKProofEnthusiast
· 10h ago
RSI is already at 98 and you're still chasing, this is just giving away money. The 0.864 resistance wall has been there for a while; if it doesn't break through, it will drop.
BERA's recent market movement is quite interesting. In just two hours, I went short directly, with RSI soaring to 88 and the stochastic indicator J value reaching 99—classic signs of severe overbought conditions. From a volume perspective, the momentum is starting to lag. The previous high at 0.864 looks like a solid wall, and any upward breakout is basically to create a short trap. Currently, the price is at 0.7622, and the technical indicators clearly point to downward pressure. Instead of struggling, it's better to go with the flow.