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Berachain (BERA) 30% drop triggers short-seller frenzy: More losses ahead?

In the past week, Berachain (BERA) has suffered a 30% decline amid strong bearish sentiment. Negative funding rates and substantial outflows, amounting to approximately 2,000,000 USD, signal ongoing downside risks. Maintaining support at 6.07 USD is crucial, as falling below could set prices towards 4.74 USD, contrary to a hoped-for rise to 7.36 USD.

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