Berachain Faces Resistance as Bulls Struggle for Breakout

• $BERA faces resistance at 6.345 USDT, with bulls struggling to maintain momentum, leading to consolidation and uncertainty.
• A weak breakout attempt retraced to 6.072 USDT, reflecting increased volatility and hesitation among market participants.
• Future price movement depends on volume and support, with a confirmed breakout signaling gains while failure risks a decline.

Berachain’s ($BERA) price action has shown mixed signals, with bulls attempting a breakout but facing resistance. The market initially saw a strong upward movement, pushing prices higher. However, sellers quickly stepped in, causing a retracement. The price action now suggests indecision, making the next moves crucial for determining the trend.

Resistance Levels Challenge Bulls

On the 4-hour chart, $BERA/USDT saw an increase that resulted in a green candlestick. However, the price went into a downward trend after peaking. Lower highs and lower lows dominated the structure, eventually finding support at 4.812 USDT.

Following the downtrend, the price entered a consolidation phase. Small-bodied candlesticks indicated hesitation in the market. Gradually, bullish momentum built up, leading to higher lows. The price tested the 6.345 USDT resistance multiple times before attempting a breakout.

Breakout Attempt and Market Reaction

A yellow-circled breakout attempt was visible, with a green candlestick pushing past resistance. However, the breakout lacked enough strength, leading to a quick retracement. The price hovered near 6.072 USDT, forming alternating red and green candlesticks.

Volume details were unclear, but the candlestick size hinted at increased volatility. The key resistance at 6.345 USDT remains critical. If bulls sustain above this level, momentum could shift upward. Otherwise, the price may revisit 5.800 USDT or even the 4.812 USDT support.

Future Price Outlook

The price structure reflects a strong initial surge, followed by a decline, consolidation, and a breakout attempt. This suggests a potential trend reversal if bullish momentum holds. Besides, if the price fails to stay above resistance, it might face renewed selling pressure. Consequently, support levels must hold to prevent another downward cycle. Moreover, increased trading volume will be crucial for confirming any breakout attempt.