Beraholding — Trading Ideas on TradingView

What I'd Like to See from Bera After a significant drop in its initial days following the launch and listing, the BINANCE:BERAUSDT has finally recovered, stabilizing at the $1.50 mark. This sharp decline was likely due to the project's free airdrop. However, we are now seeing a strong performance from Bera, which has grown by nearly 100% in recent weeks, managing to climb back to the $2.50 range. The most favorable scenario for continued growth would be a minor pullback to the $2.00 to $2.20 range, followed by a rally to $3.60-$3.80 and consolidation within that area. Should this scenario play out, I anticipate a price correction around the $3.60 to $3.80 levels, although I am not yet sure of the timing or the extent of the correction. ⛔ Disclaimer: No Guarantee of Profit or Loss Please be aware that all investments, trading, and financial decisions involve risk. The information provided is for general informational purposes only and should not be considered as financial advice. We do not guarantee any specific outcomes, profits, or returns. You are solely responsible for your own investment decisions. The past performance of any investment or strategy is not a reliable indicator of future results. We recommend conducting your own research and consulting with a qualified financial advisor before making any financial decisions. By using this information, you acknowledge that you will not hold us liable for any losses or damages incurred as a result of your financial activities.

$BERAUSDT (30M Chart) – Bullish Breakout in Play BIST:BERA has broken out of the descending triangle with conviction and is now consolidating just above the breakout zone. 🔹 Triangle breakout confirmed 🔹 Retesting previous resistance as support 🔹 Holding above 200 EMA, showing momentum shift 🎯 Targets: • TP1: $3.311 • TP2: $3.424 • TP3: $3.586 🛑 Stop-loss: $3.077 (below structure) Momentum is shifting. Watch for a strong candle close or volume spike on the retest to confirm continuation.

Breaking: Berachain Coin ($BERA) Breaks Critical Support Level Berachain's native coin ( BIST:BERA ) underwent a "Break of Structure" (BOS) cracking through the critical support level dipping 15% today. It is worth noting that the EVM-identical Layer 1 blockchain that introduces Proof of Liquidity (PoL), a novel consensus mechanism aligning network security with liquidity provision has consecutively dip every week placing the asset on the cusp of reaching its 1-month low as hinted by the RSI at 21. BIST:BERA is deeply oversold, it will need the general market to revived for BIST:BERA to make a comeback. With CRYPTOCAP:BTC faking the $80k support, most assets are in a state of respite as most of them assets mirror CRYPTOCAP:BTC 's price action. The grit on BIST:BERA is high, the support point has already being broken. In order for BIST:BERA to make a comeback, it has to break above the 61.8% Fibonacci level which is a point that aligns with the $5- $6 price points. Berachain Price Live Data The Berachain price today is $3.66 USD with a 24-hour trading volume of $193,816,088 USD. Berachain is down 14.32% in the last 24 hours. The current CoinMarketCap ranking is #108, with a live market cap of $393,434,029 USD. It has a circulating supply of 107,480,000 BERA coins and the max. supply is not available.

Breaking: $BERA Surge 13% Amidst Breaking Out Of A Falling Wedge Berachain's native token ( BIST:BERA ) saw its price rise nearly 15% today after breaking out of a falling wedge pattern albeit CRYPTOCAP:BTC is still consolidating. Berachain is an EVM-identical Layer 1 blockchain that introduces Proof of Liquidity (PoL), a novel consensus mechanism aligning network security with liquidity provision. The protocol operates on a unique two-token model: BERA (gas and staking token) and BGT (non-transferable governance and rewards token). As of the time of writing, BIST:BERA coin is up 10.72% trading within a bullish engulfing pattern, the asset's momentum is gearing up for another legged up with a 49% surge in sight as hinted by the RSI at 69.66. Further adding to this bullish thesis, data from Defilama shows about $3.49 Billion is locked in Total Value Lock (TVL) in the Berachain ecosystem this is for a project that is barely 2 months from debut but data shows growing interest in the ecosystem. Berachain Price Live Data The live Berachain price today is $8.57 USD with a 24-hour trading volume of $222,650,821 USD. Berachain is up 12.20% in the last 24 hours, with a live market cap of $920,747,642 USD. It has a circulating supply of 107,480,000 BERA coins and the max. supply is not available.

BERA Defies Market Odds: Can the Bullish Flag Lead to 30% Surge?The recently launched BIST:BERA token, built on the Berachain blockchain, has caught the attention of traders and investors after surging 8% today, defying market odds. With a well-formed bullish flag pattern, technical indicators suggest a potential rally of 30% or more if key levels hold. Technical Analysis BIST:BERA has been consolidating within a bullish flag pattern, a continuation signal that often precedes a significant breakout. The Relative Strength Index (RSI) is at 65, indicating strong momentum without being overbought, allowing room for further upside. The 38.2% Fibonacci retracement level serves as key support. A break below this level could invalidate the bullish outlook and lead to a potential trend reversal. With these factors in play, a breakout above resistance could send BIST:BERA soaring toward the anticipated 30% upside target. Berachain's Explosive Growth Beyond the technical setup, Berachain boasts impressive fundamentals that add to its bullish case: - $3.212 Billion TVL: Data from DeFiLlama reveals that the Berachain ecosystem holds an astonishing $3.212 billion in Total Value Locked (TVL), an extraordinary achievement for a blockchain launched just months ago. - $798.24 Million in Stablecoins: The ecosystem also has $798.24 million locked in stablecoins, further demonstrating the network’s credibility and adoption. Berachain Price Live Data As of now, BIST:BERA is trading at $8.28, with a 24-hour trading volume of $492,482,647. It has climbed 8.17% in the last 24 hours with a market cap of $890,051,046*and a circulating supply of 107,480,000 BERA. Conclusion With strong technical indicators and robust fundamentals, BIST:BERA is positioned for a potential rally. If it breaks out from its bullish flag pattern while maintaining key Fibonacci support, a 30% surge could be on the horizon. However, a drop below support might trigger a pullback, so traders should stay vigilant.

BERAUSDT The BERA/USDT trading pair is showing a moderate upward trend. The price is gradually increasing, indicating a steady buying interest without significant volatility. While the movement is not aggressive, it reflects a positive market sentiment. Key support and resistance levels should be monitored to assess potential breakout points or retracements.

After Losing About 65% of Value Is There Hope for $BERA?The cryptocurrency market is no stranger to volatility, and BIST:BERA , the native token of the newly launched Berachain blockchain, is a prime example. After reaching an all-time high of $15, BIST:BERA has plummeted by 65%, currently trading at around $5.37. Despite this steep decline, the token is showing signs of resilience, with a 4.68% gain in recent trading and a strong Relative Strength Index (RSI) of 54. This raises the question: Is there still hope for BIST:BERA , or is this just a temporary reprieve before further downside? What is Berachain? Berachain is an EVM-compatible Layer 1 blockchain that introduces a novel consensus mechanism called Proof of Liquidity (PoL). Unlike traditional Proof of Stake (PoS) systems, PoL aligns network security with liquidity provision, creating a unique incentive structure for participants. This approach aims to address some of the key challenges in decentralized finance (DeFi), such as liquidity fragmentation and inefficient capital allocation. Two-Token Model Berachain operates on a dual-token system: - BIST:BERA : The gas and staking token used for transactions and securing the network. - NYSE:BGT : A non-transferable governance and rewards token designed to incentivize long-term participation and alignment with the network’s goals. This model is designed to foster sustainable growth and reduce speculative trading, which could benefit BIST:BERA in the long run. Market Performance and Sentiment Despite its recent price drop, BIST:BERA has a live market cap of $576 million and ranks #112 on CoinMarketCap. The token’s 24-hour trading volume of $432 million indicates significant interest and liquidity. However, the initial sell-off was largely driven by airdrop participants cashing out their tokens, a common occurrence in new crypto projects. This suggests that the dip may be more about short-term profit-taking than a reflection of the project’s fundamentals. Technical Analysis BIST:BERA is currently forming a falling wedge pattern on the charts, which is typically a bullish reversal signal. This pattern occurs when the price consolidates between two converging downward-sloping trendlines, indicating that selling pressure is weakening. A breakout above the upper trendline could signal the start of a new upward trend. RSI Holding Strong The token’s RSI is at 54, which is in neutral territory but leaning toward bullish momentum. This suggests that BIST:BERA is not overbought or oversold, leaving room for further price appreciation if buying pressure increases. Key Support and Resistance Levels - Support: The $1 mark is a critical psychological and technical support level. If the price falls further, this level could act as a strong floor. - Resistance: The immediate resistance lies near the $6-$7 range. A breakout above this level could pave the way for a retest of higher prices. Why is BIST:BERA Showing Resilience? 1. Innovative Technology: Berachain’s Proof of Liquidity (PoL) mechanism and two-token model are unique value propositions that could attract developers and users to the ecosystem. 2. Strong Community Interest: Despite the sell-off, the project has maintained a high trading volume, indicating ongoing interest from traders and investors. 3. Market Positioning: As an EVM-compatible blockchain, Berachain is well-positioned to tap into the growing demand for scalable and efficient Layer 1 solutions. Risks and Challenges - Volatility: As a new token, BIST:BERA is highly susceptible to market swings and speculative trading. - Competition: The Layer 1 blockchain space is crowded, with established players like Ethereum, Solana, and Avalanche dominating the market. - Adoption: The success of BIST:BERA will depend on Berachain’s ability to attract developers and users to its ecosystem. Conclusion While BIST:BERA has lost 65% of its value since its all-time high, the token is showing signs of stabilization and potential recovery. The innovative Proof of Liquidity mechanism, combined with a strong technical setup (falling wedge pattern and neutral RSI), suggests that BIST:BERA could be poised for a rebound. However, investors should remain cautious, as the token’s price action will largely depend on broader market conditions and Berachain’s ability to deliver on its promises. For risk-tolerant investors, BIST:BERA represents a high-potential opportunity in the evolving blockchain space. Keep an eye on key support and resistance levels, and watch for developments in the Berachain ecosystem that could drive long-term value.

Berachain($BERA) Listed on Major Exchanges: Is a Surge Incoming?Berachain ( BIST:BERA ) has officially debuted on major exchanges, marking a pivotal moment for this innovative blockchain. With listings on Binance, Bybit, MEXC, and Bitget, BIST:BERA witnessed a sharp surge to $14 before retracing to $8, where it now holds support. The question remains—will BIST:BERA see further upside, or is another dip incoming? The Rise of Berachain Berachain initially started as a meme but has rapidly evolved into a revolutionary blockchain through its novel Proof of Liquidity (PoL) consensus mechanism. Unlike traditional proof-of-stake models, Berachain integrates liquidity provision into its security infrastructure. Validators are required to stake BERA tokens while providing liquidity, creating a self-sustaining ecosystem where network security scales with liquidity demand. Key Metrics: - Funding Raised: $142M from top-tier investors. - Protocols Testing on Berachain: 234 projects actively exploring its ecosystem. - Market Capitalization: $911.8M. - Circulating Supply: 107.48M BERA. - 24-Hour Trading Volume: $2.11M. - Price Movement: Listed at $8, surged to $14, currently retraced to $8.48. With these impressive fundamentals, Berachain is positioning itself as a serious contender in the Layer-1 blockchain space. Technical Analysis: Despite its recent retracement, BIST:BERA ’s price action remains constructive. The listing catalyzed an initial spike to $14, but profit-taking pushed prices back to key support at $8. Here’s what the technicals suggest: Key Support and Resistance Levels - Immediate Support: $8 (psychological and historical level) - Major Resistance: $14 (listing peak) - Potential Target: $20-$50 if bullish momentum sustains 2. Moving Averages & RSI - While the trading history is still limited, a moving average crossover on lower timeframes suggests a potential reversal. - The Relative Strength Index (RSI) is cooling off from overbought levels, indicating a healthy consolidation before another leg up. 3. Breakout Patterns & Volume Analysis - Bullish Flag Formation: The recent price action suggests a potential bullish flag, signaling accumulation before the next breakout. - Volume Confirmation: While overall trading volume has been volatile, sustained liquidity from exchange listings could act as a catalyst for a continued uptrend. What Sets Berachain Apart? Berachain’s two-token model further enhances its economic security: - BIST:BERA (Gas & Staking Token): Used for transactions and securing the network. - NYSE:BGT (Governance & Rewards Token): Non-transferable, incentivizing validators and network participants. This unique system ensures that rewards scale with demand rather than being diluted, which could sustain long-term value appreciation. Market Sentiment & Future Projections - Short-Term Outlook: With a strong support zone at $8 and growing adoption, BIST:BERA could see a retest of $14 and a breakout toward $20 if volume and sentiment remain positive. - Mid to Long-Term Potential: Given its robust PoL model, strategic partnerships, and significant backing, a $50 price target isn’t unrealistic in a bullish market cycle. Conclusion: Dip or Surge? Berachain’s fundamentals and technical indicators point toward strong upside potential despite its recent pullback. With its innovative PoL consensus, growing developer ecosystem, and major exchange listings, BIST:BERA is poised to capitalize on the current market trend. If bullish momentum builds, a significant rally could be on the horizon. However, traders should monitor support at $8 and volume inflows for confirmation before making a move. Will BIST:BERA surge past $20 or dip further? The coming weeks will be crucial for its price trajectory.