Breaking: Berachain Coin ($BERA) Breaks Critical Support Level

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Berachain's native coin (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.

BERA is deeply oversold, it will need the general market to revived for BERA to make a comeback. With BTC faking the $80k support, most assets are in a state of respite as most of them assets mirror BTC's price action.

The grit on BERA is high, the support point has already being broken. In order for 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.

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