$ERA /USDT – Bullish Spike but Watch the Wick ⚡
Caldera (ERA) saw a sudden breakout toward $1.60 but got quickly rejected, forming a high upper wick—sign of short-term selling pressure.
🎯 Targets:
Target 1: $1.55 – Reclaim of local wick resistance
Target 2: $1.70 – Psychological resistance & prior high
Target 3: $1.95 – FOMO breakout zone if trend accelerates
🛡️ Support Zones:
Immediate Support: $1.28 (20 MA and base of breakout)
Deeper Pullback: $1.15 – Last consolidation zone before breakout
🧠 Commentary:
Momentum is strong, but that rejection wick screams caution. Price needs to hold above $1.28 to stay bullish. If it consolidates above $1.40, bulls may try again.
⚠️ Disclaimer: Not financial advice. Always DYOR!
