$$BERA /USDT Showing Sideways Movement with Slight Downward Pressure
Hey everyone,
Let's take a look at the $BERA chart. The current price of Bera Chain is at $3.525, showing a slight decrease of -0.82% today.
Looking at the last 24 hours, BERA ranged from a Low of $3.460 to a High of $3.611. The 24h Volume stands at 3.12M BERA, which is equivalent to 10.96M in USDT.
The chart indicates that BERA has been trading in a relatively sideways range recently. However, the more recent price action shows some red candles forming, suggesting a slight downward pressure. The price is currently in the middle of the 24-hour range.
Traders will likely be watching for a clear break out of this range to determine the next direction for BERA. A sustained move above the $3.61 resistance could signal further bullish momentum, while a drop below the $3.46 support might indicate a potential move downwards. The KDJ indicator at the bottom also shows some bearish divergence, which could support the downward pressure.
Key points to observe:
Resistance: The 24-hour high of $3.611 is the immediate resistance to watch.
Support: The 24-hour low of $3.460 is the key support level.
Momentum: The current momentum appears to be slightly bearish in the short term.
What are your thoughts on Bera Chain's current movement? Do you anticipate a breakout from this range soon, or will the sideways action continue with potential downward pressure? Share your analysis!
