Berachain (BERA) Falls From $15 as Airdrop Selling Pressure Moun
Berachain (BERA) surged to $15 after its highly anticipated airdrop and mainnet launch, but post-airdrop selling pressure has quickly pulled the price lower. As seen with recent airdrops like HYPE and PENGU, BERA now faces a challenging path forward unless market sentiment shifts.
Key Bearish Indicators:
🔻 RSI Drops to 48 – Down from nearly 70, indicating weakening bullish strength.
🔻 CMF Falls to 0.01 – From +0.20 earlier, signaling intensified selling pressure.
🔻 Capital Outflows Increasing – Liquidity is leaving the market, reinforcing bearish momentum.
What’s Next for BERA?
📉 If RSI continues declining toward 30, it could indicate further downside movement.
📉 A negative CMF suggests sellers are in control, meaning further drops are possible unless buyers step in.
📈 However, if RSI stabilizes and CMF reverses, BERA may enter a consolidation phase before finding its next direction.
As post-airdrop trends remain weak, BERA may struggle to recover unless a strong catalyst reignites demand. Will buyers absorb the selling, or is more downside ahead? Watch these key indicators closely.
Key Bearish Indicators:
🔻 RSI Drops to 48 – Down from nearly 70, indicating weakening bullish strength.
🔻 CMF Falls to 0.01 – From +0.20 earlier, signaling intensified selling pressure.
🔻 Capital Outflows Increasing – Liquidity is leaving the market, reinforcing bearish momentum.
What’s Next for BERA?
📉 If RSI continues declining toward 30, it could indicate further downside movement.
📉 A negative CMF suggests sellers are in control, meaning further drops are possible unless buyers step in.
📈 However, if RSI stabilizes and CMF reverses, BERA may enter a consolidation phase before finding its next direction.
As post-airdrop trends remain weak, BERA may struggle to recover unless a strong catalyst reignites demand. Will buyers absorb the selling, or is more downside ahead? Watch these key indicators closely.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.