(BERA/USDT)chart shows high volatility with an initial spike to $15.50, followed by a sharp decline to around $6.86 (-16.06%). The price is currently below the 7-period moving average (7.581), indicating a bearish trend.$BERA

Key Observations:

Strong Sell-Off: The price dropped significantly after a big initial surge, suggesting profit-taking or weak support.

Downtrend Confirmation: The price remains below short-term moving averages, signaling continued bearish pressure.

Support & Resistance:

Support: Around $6.70 (24h low).

Resistance: Near $7.58 (7-period MA) and higher at $8.55 (24h high).

Trading Insight:

If support at $6.70 breaks, further downside is possible. A breakout above $7.58 may indicate some recovery. Watch for volume changes and price stability before making a move.

#Berachain #BERATrading #BERAcrypto #AltcoinRevolution2028 #MarketRebound