📊 BERA/USDT Market Analysis
💰 Current Price: $7.649 (+3.31%) 🚀
📈 24H High: $8.308
📉 24H Low: $7.267
📊 24H Volume: 12.74M BERA traded
Technical Indicators:
Moving Averages (MA):
🟡 7-period MA: 7.809 (Price below short-term MA, showing weakness)
🟣 25-period MA: 7.873 (Currently acting as resistance)
⚫ 99-period MA: 7.664 (Close to long-term support)
MACD Indicator:
🟡 DIF: 0.005
🔴 DEA: 0.068
🔴 MACD: -0.063 (Bearish crossover, downward momentum increasing)
Trend Analysis:
📉 Downtrend on short-term – price dropped below both 7 and 25-period MAs
📊 MACD turning bearish – selling pressure increasing
📈 Support around $7.664 (99 MA), next key level at $7.390
What to Watch Next:
Reclaim $7.809 (7 MA) = 🚀 Potential bullish recovery
Break below $7.664 (99 MA) = ⚠️ More downside risk
Resistance at $8.308 – needs a breakout for an uptrend
🔎 Final Verdict:
Short-term: Weakening trend, possible consolidation ⚠️
Long-term: Needs strength above $7.809 for a recovery 📉