Berachain (BERA) slides 50% in a month as indicators warn of further downside

Berachain (BERA) has dropped significantly, down by 50% in the past month. The Relative Strength Index (RSI) indicates it is oversold at 24.19. The Directional Movement Index (DMI) shows sellers retaining control, indicating a bearish market trend.

Without strong bullish intervention, BERA is on track to hit new lows below 3.80 USD. However, resistance at 4.44 USD and 4.78 USD may provide opportunities for recovery in the short term.

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