BERA 1D — Trendline Rejection Keeps Bearish Scenario Active
$BERA is trading near $0.781, reacting directly at the long-standing descending trendline that has capped price for months. The latest daily candle is down roughly 16%, reinforcing that sellers are still firmly in control of the higher-timeframe structure.
The setup on the chart is straightforward:
Price rallies into the descending trendline
Fails to break and hold above it
Rotates lower toward major support at $0.337
That $0.337 level is the structural pivot on this timeframe. It represents the major horizontal support and effectively separates controlled continuation to the downside from a more aggressive breakdown. If that zone gives way, the chart opens room for a deeper leg lower — especially considering how persistent the broader downtrend has been.
As long as BERA remains below the descending trendline, the bias stays bearish and lower support levels remain the primary magnet. Any bullish shift would require a decisive breakout and sustained acceptance above the trendline — something the market has repeatedly failed to achieve so far.
In simple terms:
BERA rejected the trendline again. If sellers maintain control, $0.337 becomes the next key level in play.
#MacroInsights #AltcoinSeason #BERA #Bearish #Crypto
