#BERACrash ❓ trying to rebound mindful buying opportunity #MyFamily ❗$BERA Bullish Momentum Resuming, Potential for Higher Highs❗$BERA is currently trading at $8.375, reflecting a 2.67% increase in the last 24 hours. The price rebounded from a 24-hour low of $8.059 and has touched a high of $8.757, indicating strong buying interest at lower levels.

Technical Analysis:

Support Levels: The nearest support zone lies around $8.10 - $8.20. This area has previously held well and can serve as a cushion for any minor pullbacks.

Resistance Levels: Immediate resistance is seen at $8.75, with further upside potential toward $8.90 - $9.00 if momentum persists.

Volume Analysis: 24-hour trading volume for BERA is 8.62M BERA, with corresponding USDT volume at $72.52M, reflecting increasing market activity.

Potential Scenarios:

1. Bullish Scenario:

If BERA sustains above $8.30, it could initiate a breakout above $8.75. A successful close above this level may push prices toward $8.90 and potentially to $9.10 in the near term.

Stochastic RSI and MASTOCHRSI are both signaling overbought conditions, but a consolidation above $8.30 would confirm bullish momentum.

2. Bearish Scenario:

A failure to maintain above $8.30 could lead to a minor retracement toward the support zone at $8.10 - $8.20.

Increased selling pressure could drag the price down toward $8.05, where buyers are likely to re-enter.

Indicators Overview:

Stochastic RSI: Currently at 100, indicating that BERA is in the overbought zone, suggesting a possible short-term correction or consolidation.

Market Outlook:

BERA is displaying signs of bullish momentum, and if the price maintains support above $8.30, a continued rally toward $8.90 - $9.00 is likely. However, caution is advised due to the overbought indicators, and traders should monitor volume closely for confirmation.

Pro Tip: Look for a sustained move above $8.75 with increasing volume as a signal for bullish continuation.