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Recently, the market performance of BERA coin has attracted the attention of many investors. Although the current price is still at a relatively low level, its hourly chart shows a sustained Rebound momentum, which lays the foundation for a pump in the short term.
From a technical perspective, BERA's daily chart shows a descending wedge pattern, which is often regarded as a potential reversal signal. Market analysts point out that this coin may be forming a W-bottom pattern, which further boosts investors' confidence in its future trend.
The key resistance level is around $2.6, regarded as the neckline level. If BERA can break through this key resistance, it is likely to open up new pump space. Considering the current price level of about $2.12, some investors may see it as a potential buying opportunity.
However, it is important to note that the cryptocurrency market is highly volatile, and investors should carefully assess risks when making decisions. Although some analyses suggest that BERA may rise by more than 30%, this only represents the views of certain analysts and does not guarantee actual future performance.
Overall, the technical performance and market structure of BERA have sparked some positive discussions. Whether for short-term traders or long-term investors, it is essential to closely follow the performance of this coin at key price levels, as well as the overall trends in the cryptocurrency market, in order to make informed investment decisions.