2026-01-17 07:21:20

BERA's recent market movement is interesting. Looking at the 15-minute and 1-hour RSI, both have surged above 70, making short-term trading quite risky, but the 4-hour chart still maintains a bullish pattern with RSI around 64. The issue is that trading volume is shrinking, which warrants caution.

I've outlined the key price levels. The current price is around 0.77, where bulls and bears are fighting. Breaking above 0.785 is a critical threshold—if it can hold above that, the next target is 0.80. Support below is at 0.755, and further down is 0.735.

My personal plan is this: if BERA can stay above 0.785, I will enter a long position at 0.787, targeting 0.80, with a stop-loss placed at a break below 0.775. But this depends on volume cooperating; if trading volume remains thin, I would prefer to abstain and not force a trade. The range between 0.755 and 0.785 is to be watched, and I will act once the trend is clearer.

This is just a technical analysis based on my personal thinking and does not constitute investment advice.

BERA17,04%

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NFTregretter

· 4h ago

Unmatched volume is a trap. I'm currently observing this range as well. If I can't break through the 0.785 barrier, I won't move.

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MetaverseLandlord

· 4h ago

Lack of volume support is a false breakout; this operational logic is sound. RSI soaring so high actually makes me a bit nervous, fearing it's a reaction to yesterday's sharp rise. 0.785 is indeed a hurdle; only by breaking through it can we see if there's enough confidence. Still daring to chase such hot short-term moves, your courage is commendable. I dislike the low trading volume, feeling it could reverse and crash at any moment. Let's wait for the volume to pick up; there's no rush. I still think it will retest 0.755; it's the safest for swing trading. This stop-loss position is set quite tight; if the support below breaks, it might directly drop to 0.735. The bullish pattern sounds good, but I still believe the 4-hour chart needs improved volume support to truly stabilize.

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BlockchainFoodie

· 4h ago

yo the volume thing is lowkey the real talk here... reminds me of a poorly sourced ingredient list on a smart contract, all flash no substance, ngl

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SleepyArbCat

· 4h ago

The most annoying thing is shrinking volume. Seeing RSI overbought is actually all fake. You still need to wait for a confirmed signal before taking action, otherwise you'll just be harvested.

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HashBandit

· 4h ago

ngl the volume thing is literally the whole story here... saw too many rugpulls back in my mining days when volume just dried up like that. RSI screaming 70+ on lower timeframes always feels like a trap to me, tbh

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DegenMcsleepless

· 4h ago

Without sufficient volume, everything is pointless. This guy is spot on. --- 0.785 is really stuck tight; whether it breaks or not depends entirely on whether there's support later. --- I'm also waiting for volume; otherwise, this move feels like gambling no matter what. --- Those who rushed in and are getting burned in the short term will regret it. Holding back now is the real winner. --- A dull market with little movement is still more comfortable to lie low in. --- Support at 0.755; if it drops further, it will need to test 0.735. This order book looks a bit scary. --- Better to give up than to force it. I've learned this mindset. --- RSI surged past 70, but volume didn't follow. That probably means a reversal isn't far off.

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