$ERA Caldera (ERA) Drops 5.54% to $0.9064 – Short-Term Downtrend or Rebound Opportunity?
In the past 24 hours, Caldera (ERA) has declined by -5.54%, currently trading at $0.9064. The price ranged between $0.9605 (24h high) and $0.8763 (24h low), with a trading volume of over 6.17M ERA.
On a broader view, ERA has dropped -13.03% in 7 days and -26.64% in 30 days, indicating strong selling pressure. However, in the last day, the price gained +1.14%, suggesting buyers are starting to step in near the bottom.
The key support sits at $0.8760. A breakdown below this level may drag ERA toward $0.8500, while holding above could spark a rebound toward $0.9300 – $0.9600. Technical indicators show MACD still bearish, but RSI is recovering from oversold, hinting at a possible short-term bounce.
Do you think ERA will continue its downtrend or rebound from this support zone?
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