$BERA Signal】Short squeeze continues, waiting for a healthy pullback



$BERA After doubling in a single day, the RSI has entered the extreme overbought zone (90.15), but the funding rate depth is negative (-0.0932%), which is a typical short squeeze market, with bears being continuously squeezed. Do not short against the trend just because RSI is high.

🎯Direction: Short (NoPosition)

The current price has moved far away from EMA20 (0.5607) and EMA50 (0.5120), and the deep imbalance (-27.67%) indicates that sell orders are thicker, posing a high risk of chasing the rally in the short term. Open interest remains stable, with no signs of major players closing longs, and the trend is intact, but a healthy pullback is needed.

Hardcore logic: Price action shows that the last 4H candle had a volume-driven rally, but the buy/sell ratio (0.52) did not significantly favor buyers, indicating that the momentum to chase higher has weakened. ATR (0.0693) shows extremely high volatility, making stop-loss placement very difficult at this time.

The best strategy is to wait for the price to retest key support levels (such as the upper boundary of the previous breakout zone at 0.6898-0.7213) and for volume to diminish, with RSI correcting to the 50-60 range, then consider going long. Until a proper pullback structure appears, staying in a short position is the highest probability choice.

Trade here 👇 $BERA

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