Critical Resistance Archives - Coin Engineer https://coinengineer.net/blog/tag/critical-resistance/ Btc, Coins, Pre-Sale, DeFi, NFT Thu, 27 Mar 2025 16:43:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png Critical Resistance Archives - Coin Engineer https://coinengineer.net/blog/tag/critical-resistance/ 32 32 Berachain (BERA) Technical Analysis: Critical Resistance Level Tested https://coinengineer.net/blog/berachain-bera-technical-analysis-critical-resistance-level-tested/ https://coinengineer.net/blog/berachain-bera-technical-analysis-critical-resistance-level-tested/#respond Thu, 27 Mar 2025 17:00:15 +0000 https://coinengineer.net/blog/?p=39192 In recent days, Berachain (BERA) has shown a remarkable upward movement. However, it has now reached a critical resistance at $8.79. Traders should exercise caution when opening long positions at this level, as a break above this point could determine the future price direction. $8.79 Resistance and Possible Pullback Berachain (BERA) has experienced a strong

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]]> In recent days, Berachain (BERA) has shown a remarkable upward movement. However, it has now reached a critical resistance at $8.79. Traders should exercise caution when opening long positions at this level, as a break above this point could determine the future price direction.

$8.79 Resistance and Possible Pullback

Berachain (BERA) has experienced a strong upward trend, surpassing key levels, but $8.79 remains a critical resistance point. This level is confirmed by Fibonacci retracement and technical indicators as a key resistance. Traders looking to open long positions should monitor the price closely before deciding to enter.

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In the event of a pullback, the following levels may act as support:

  1. FVG (Fair Value Gap) Region: This region, also known as the upward FVG region, will likely act as a support level in the event of a pullback.

Volume Breakout and Potential Uptrend

If Berachain breaks the $8.79 resistance with strong volume, it could move towards the next target at $9.25. $9.25 stands as the next key resistance point, and a strong push towards this level could follow after a successful breakout.

BERAchain
BERA/USDT 4-hour chart.

Volume-driven breakouts are key signals for continued upward momentum. Traders should keep a close eye on whether Berachain can break through this resistance level with substantial volume.

Berachain investors should tailor their strategies based on both market trends and these technical levels.

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