Berachain (BERA) Bulls Push for $12—Can They Overcome Key Resistance?

Berachain (BERA) is demonstrating strong bullish momentum after flipping a key resistance level into support. The token surged past a key barrier without a retest, highlighting aggressive buying pressure. However, it now faces rejection at a crucial resistance range.

Cryptocurrency BERA is displaying bullish momentum after transforming a key resistance level into support.

The token surged past a crucial barrier without a retest, indicating strong buying pressure. However, it now faces resistance at a crucial range.

Traders are observing price movements, identifying potential buying opportunities at key support zones. A breakout above the current resistance could propel BERA toward double-digit prices.

According to crypto analyst Ijaz Awan, BERA is encountering resistance in the $8.65 – $9.23 range. This zone has acted as a supply area in the past, where selling pressure increased. A daily close above $9.30 could drive the token toward the $10 – $12 range.

On the downside, immediate support lies between $7.30 and $7.50. Awan suggests this level could present a buying opportunity if the price pulls back. Below this, a stronger support zone exists between $6.80 and $6.32, which has remained untested since the previous breakout. If the price drops below $7.30, it may find buyers in this lower support area.

AWan’s chart outlines two potential paths for BERA. In a bullish scenario, the price could dip to $7.30 – $7.50, consolidate, and attempt another breakout. A close above $9.30 on the daily chart may lead to further gains toward $12.

Conversely, a bearish scenario could unfold if the price fails to hold at $7.30. A breakdown below this level may drive BERA toward the $6.80 – $6.32 range. If support fails there, further downside pressure could emerge, leading to new lows.

Market activity is strong, with BERA recording a 24-hour trading volume of over $716 million. The token has gained 3.01% in the past day and surged nearly 45% in a week, to $8.24, indicating a bullish trend according to CoinGecko. However, the $9.23 resistance remains a key hurdle.

Traders are watching for a decisive move, as a breakout could confirm bullish continuation, while a failure to hold key support levels may signal increased bearish momentum.