Berachain Plummets 21% Post-$2.7B Token Unlock—Will Bulls Hold the Line?

Berachain’s native token tanks as $2.7 billion worth of locked tokens hit the market—classic ’supply shock’ meets crypto’s perpetual hype cycle.

Critical support zone now in play: If bulls fail to defend this level, the next stop could be a brutal reckoning with reality.

Meanwhile, ’smart money’ quietly accumulates while retail traders panic-sell—because nothing says decentralized finance like whales feeding on weak hands.

The relative strength index is well into oversold territory at 28.67, suggesting that bearish momentum may be overextended but not necessarily exhausted. However, if there isn’t a volume breakout or verified bullish divergence, any bounce might not last long. 

If selling pressure persists, BERA risks a breakdown below $2.80, potentially retesting $2.50, a key psychological level and likely next support.  A short-term rally toward $4.00 may be possible if bulls can hold back current levels and push BERA back above $3.40, which is the mid-Bollinger Band and the previous support that turned into resistance. Until stronger accumulation appears, the path of least resistance is still downward.