The value of Layer-1 coin BERA has surged 13% in the last 24 hours, making it the top-performing crypto asset during this period. This rally has brought BERA close to its all-time high of $15.20, generating renewed investor interest. The surge is supported by strong buying pressure, reflected in the positive Chaikin Money Flow (CMF) indicator, which measures flows into an asset. This implies that BERA's rally is sustainable and reduces the risk of a short-term spike. The coin also recorded spot inflows of $316,120, indicating strong demand and bullish momentum. However, BERA currently trades below the critical resistance level at $8.49, and a surge in profit-taking activity could lead to a price drop to $5.37 or even $3.89.
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