• BERA is trading at $7.36, up 14.57% in the last 24 hours.
  • Market cap surged 14.56% to $792.12M, while trading volume fell 12.86%.

Berachain (BERA) is experiencing strong momentum, currently trading at $7.36, marking a 14.57% increase in the last 24 hours. The market cap has climbed to $792.12 million, reflecting a 14.56% surge. However, the trading volume has dropped by 12.86%, settling at $339.48 million. The market cap ratio for the last 24 hours is 42.75%, indicating strong investor interest.

The price action shows a consolidation phase, with key support at $7.30 and resistance at $7.50. If BERA manages to break above $7.50, it could rally toward the $7.60 to $7.70 range. On the downside, a break below $7.30 could lead to a retest of the $7.20 level. 

Will BERA Break Out or Pull Back?

Technical indicators provide deeper insights into the market direction. The Relative Strength Index (RSI) stands at 43.88, signalling neutral momentum . It remains below its 14-period moving average of 45.91, suggesting mild bearish pressure. A move above 50 would indicate a stronger bullish trend, while a drop below 40 could confirm further weakness. 

Will Berachain (BERA) Rally to $7.70 or Fall to $7.20? image 0

The Chaikin Money Flow (CMF) indicator is currently at -0.32, showing weak buying pressure. A negative CMF value suggests that capital outflows are exceeding inflows, indicating a lack of strong accumulation. If the CMF turns positive, it would confirm stronger buying interest and potential upward movement.

Moving averages show a consolidation pattern with no clear bullish or bearish crossover. This suggests that the market lacks a decisive trend, awaiting a catalyst for a breakout. A bullish crossover between shorter-term and longer-term moving averages could signal renewed upside potential, while a bearish crossover would confirm downside risk.

If BERA sustains its current buying momentum and breaks $7.50, a rally toward $7.60 – $7.70 could follow. However, if it fails to hold support at $7.30, a decline toward $7.20 remains likely. The RSI needs to move above 50, and the CMF must turn positive for a strong bullish confirmation. 

Highlighted Crypto News Today
 Peanut the Squirrel (PNUT) Eyes $0.2400 Resistance After 20% Surge