Bera Coin was the most winning in the crypto market in the last 24 hours. Layer-1-based crypto asset attracted the attention of investors with a 13 %rise. Now the biggest question is: Will the bera continue to rise, or will there be a sales opportunity for investors?
Bera Coin investors face strong procurement pressure
The rise in Bera is the basis of strong procurement pressure. Chaikin Money Flow (CMF) indicator is 0.04 and in the positive area. This shows that the money entering the market has increased and the rise is based on solid foundations.
The movements on the spot exchanges confirm this. On Wednesday, Bera saw a net login of $ 316,120. Before, there was an exit of $ 2.60 million on Tuesday. When spot entries increase, it is understood that investors make direct purchase. This indicates that the rise can continue.
Will the resistance levels break? Critical thresholds for Bera
Currently, Bera is trading at $ 6.52. However, there is a critical resistance to overcome: $ 8.49. If this level can be above this level, the price may be possible to reach the highest level of all time of $ 15.20.
However, there is one more point to note: profit sales. If investors begin to realize their profits at existing levels, this may limit the rise of Bera. There is a risk of withdrawal up to $ 5.37 support. If this support is broken, the price will decline to $ 3.89.
Investor Strategy for Bera Coin: Is it time to buy or a decline should be expected?
Bera’s rise shows that the procurement pressure continues. However, investors need to be careful. If the level of $ 8.49 is broken, there is a possibility of an increase up to $ 15.20.
However, if big investors turn to profit sales, the price may fall rapidly. Therefore, it is important that investors closely follow both technical indicators and general sensitivity in the market. For Bera, the coming days will be the critical period to determine whether the rise will continue. In this process, it will be critical in terms of monitoring volume movements and market sensitivity and making the right decisions. In addition, the direction of Bitcoin and the general crypto market may directly affect Bera’s price movements.
