🚀 BERA SURGES 30%, BUT IS A CRASH COMING? ⚠️


BERA skyrocketed 30% in the past 24 hours, recovering early February losses. However, warning signs suggest the rally may not last.


Despite the surge, BERA’s funding rate remains negative, signaling strong short interest. Traders are betting on a price drop, which could increase downward pressure. Additionally, the RSI has entered overbought territory, historically a sign of an impending correction.


To stay bullish, $BERA must hold $7.71 as support. If it fails, a dip to $7.07 or even $6.24 is possible. A breakout above $8.72, however, could invalidate the bearish outlook.


#Crypto #BERA #Altcoins #Trading #CryptoNews

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February 21, 2025 at 6:46 AM
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