#Bera update
Here's a quick update on #BERAUSDT
Current Price: $3.474
24h High / Low: $3.663 / $3.405
Price Change: Down -4.93% over 24 hours
Volume (24h):
BERA: 8.66M
USDT: 30.46M
Short-term Trend: The price is currently in a downtrend, with a series of lower highs and lower lows visible on the 15-minute chart.
Indicators:
EMA lines (blue and green) show bearish crossover and continuation.
RSI is trending downward, indicating weakening buying momentum, but not yet oversold.
Volume: Generally steady but with more red bars, showing sell pressure.
Support Zone: Around $3.40
Resistance Levels:
Minor: $3.489
Stronger: $3.503 and $3.522
Outlook:
Short-term momentum suggests bearish pressure, so caution is advised if entering long positions. Look for a clear reversal pattern or RSI oversold bounce for entry.
