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⚙️ Technical Analysis $ERA /USDT 4H timeframe
Current price: $0.9599
Main trend: Still leaning towards a decline, but signs of a bottoming formation are emerging.
🔍 Technical Analysis moving average (MA)
MA7 < MA25 < MA99 → The classic "Bear Stack" pattern indicates that the downtrend still prevails.
The price is fluctuating around MA25 → This is an important threshold; if it holds and breaks out steadily, it will pave the way for buyers.
MA99 around $1.17 is still a strong resistance "ceiling", which needs to be broken to confirm a long-term reversal.
📊 Market Observation
After a prolonged downtrend, the price is consolidating sideways around $0.90.
Multiple times dropped below $0.90 but quickly bought back up → early accumulation signal from smart money.
Just had a slight breakout above MA25 → the first small victory for the bulls.
🎯 Price increase target
Target 1: $1.03
Psychological threshold ( round mark $1.00)
Coincides with the short-term resistance zone + the nearest swing high
Reliability: Average
Target 2: $1.17
MA99 resistance zone
This is the final "checkpoint" before the strong uptrend returns.
Reliability: Low to Medium
💡 Suggestion: Smart traders will start taking partial profits in this area.
Target 3: $1.42
Complete recovery goal
Need a surge in trading volume + BTC market shifts to risk-on state
Reliability: Low if the macro context does not support
📌 Conclusion:
$ERA is showing the first signals of a consolidation phase, but the downtrend has not yet been completely broken. The safe strategy is to buy on dips in the accumulation zone, increase the position when the price exceeds important resistance levels, and always manage risk tightly. #Caldera @Calderaxyz