$ERA Caldera (ERA) Slides Further as Bears Maintain Control
Caldera (ERA) is trading at $0.8283, down 1.66% in the latest 4H session. The chart shows a clear downtrend throughout August, with the token falling from highs above $1.15 to its current levels below $0.85.
The recent attempt to rebound toward $0.90 was quickly rejected, reinforcing the bearish structure of lower highs and lower lows. Key support now sits near $0.80, while resistance remains around $0.90โ$0.95.
Technical indicators align with the bearish momentum: EMA points downward, and MACD signals weakness. RSI is leaning toward oversold territory, which could pave the way for a short-term relief bounce if buyers re-enter.
๐ฌ Whatโs your take โ will $ERA defend the $0.80 support to stage a rebound, or continue its slide deeper into bearish territory? Click to explore and trade $ERA now