🔥 $BERA Explosive Move +81% in 24H!
#BERA is trading at 0.906 USDT, up an impressive +81.9% in the last 24 hours. Price ranged between 0.487 – 1.022, with strong daily volume of 56.58M
📊 Technical Overview:
●Supertrend (Buy zone – 0.587): The trend indicator shows the market is currently in an upward trend, meaning buyers are in control.
●RSI (95): The price has risen very quickly and is now at a very high level. This shows strong buying pressure, but it can also mean the price may need a short pause.
●Stoch RSI (100): Short-term momentum is at extreme levels, indicating very strong upward pressure.
●MACD (Positive): The upward momentum is still active and the trend remains strong.
●OBV (Rising): Trading volume is increasing alongside price, which supports the strength of buyers in the market.
💡 My take: Momentum is extremely strong and buyers clearly dominate. However, indicators are in deep overbought territory, which can lead to sharp volatility. In powerful rallies, overbought conditions can persist — but risk management becomes crucial at these levels.
Is this the start of a bigger breakout, or do we see a cooldown first? 👇