🔥 Berachain (BERA) Analysis 🔥
🔹 Fundamentals: BERA is a Layer 1 blockchain using Proof-of-Liquidity (PoL) ⚡️ for DeFi applications. It was listed on Binance (Feb 6, 2025) 📅 with a 500M supply and a 10% annual inflation rate 📈.
🔹 Technical Analysis:
📌 Current Price: $7.54 (📊 Stable).
🛑 Support: $6.80 - $7.00.
🚀 Resistance: $8.20, then $9.50 - $10.00.
📉 RSI Neutral (50-60), 🔍 MACD Awaiting Breakout.
🔹 Outlook:
✅ Binance listing boosts liquidity 💰, but inflation may create selling pressure 📉.
💡 Long-term: Holding could be a good option 🏦.
⚡ Short-term: Trade cautiously and monitor price movements 📊.
🔍 Do you think BERA will hit new highs? 🤔🚀