After a significant drop in its initial days following the launch and listing, the 
BERAUSDT has finally recovered, stabilizing at the $1.50 mark. This sharp decline was likely due to the project's free airdrop.
However, we are now seeing a strong performance from Bera, which has grown by nearly 100% in recent weeks, managing to climb back to the $2.50 range.
The most favorable scenario for continued growth would be a minor pullback to the $2.00 to $2.20 range, followed by a rally to $3.60-$3.80 and consolidation within that area.
Should this scenario play out, I anticipate a price correction around the $3.60 to $3.80 levels, although I am not yet sure of the timing or the extent of the correction.
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BERAUSDT has finally recovered, stabilizing at the $1.50 mark. This sharp decline was likely due to the project's free airdrop.However, we are now seeing a strong performance from Bera, which has grown by nearly 100% in recent weeks, managing to climb back to the $2.50 range.
The most favorable scenario for continued growth would be a minor pullback to the $2.00 to $2.20 range, followed by a rally to $3.60-$3.80 and consolidation within that area.
Should this scenario play out, I anticipate a price correction around the $3.60 to $3.80 levels, although I am not yet sure of the timing or the extent of the correction.
⛔ Disclaimer: No Guarantee of Profit or Loss
Please be aware that all investments, trading, and financial decisions involve risk. The information provided is for general informational purposes only and should not be considered as financial advice. We do not guarantee any specific outcomes, profits, or returns.
You are solely responsible for your own investment decisions. The past performance of any investment or strategy is not a reliable indicator of future results. We recommend conducting your own research and consulting with a qualified financial advisor before making any financial decisions.
By using this information, you acknowledge that you will not hold us liable for any losses or damages incurred as a result of your financial activities.
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As I expected, the price returned to the range I had specified, and we've seen good support in this area over the past three days.However, the support was not as strong as I had anticipated, and on the 4-hour timeframe, I haven't yet seen a structure indicating a strong upward move. It seems possible that the price may go a bit lower, the support might not hold, or we could enter a ranging cycle in this area.
Note
We've seen a 27% growth, but there's a high probability that the price will return to this area.If we see a bearish structure form during the pullback, this support level will become invalid.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.