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🚀Target 1: 0.5300
🚀Target 2: 0.5800
Hardcore logic: The 4-hour candlestick shows a massive bullish candle (volume of 195 million) rising from 0.4095 to 0.616, which is a clear signal of main capital entering the market. The current price is consolidating in a narrow range of 0.488-0.496, and the depth chart shows buy orders (0.4892) are much thicker than sell orders, indicating very light selling pressure. The funding rate is -0.48%, which is negative, eliminating short-term long squeeze risks and providing a positive emotional foundation for a healthy correction. As long as the price stays above the midpoint of the massive candle (around 0.485), it indicates strong consolidation, with a higher probability of continuation upward than reversal downward.
Trade here 👇 $BERA
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#Gate广场创作者新春激励 #Is the current market bottoming out or just observing?