📉 ERA Retraces After Major Rally — Is It Setting Up for Another Move?
ERA/USDT saw a massive breakout today, surging over 10x from 0.20 to 2.05. But after touching resistance, the token is now undergoing a healthy pullback. Price currently trades at 1.54, below its EMA(7), indicating possible short-term weakness.
Volume is cooling off — a potential sign of profit-taking. However, strong interest remains on the order book, and if buying pressure returns with volume confirmation, ERA could attempt another breakout phase.
Caution is advised. Wait for bullish confirmation before entering.
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