Berachain (BERA) Falls From $15 as Airdrop Selling Pressure Moun
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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.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.