Caldera is an L2 solution (layer two) designed for creating high-performance, scalable chains with low latency and flexible parameters for DeFi and Web3 applications. The project is actively developing, and the number of chains, transactions, and TVL is growing rapidly.

🔥 Why the active growth?

1. Large volumes — $1.2 billion per day indicate strong interest from traders.

2. Rise from the minimum — from $0.85 to $1.7 (+100%) — is a clear signal of FOMO and liquidity inflow.

📈 Technical analysis

• Current range: $1.7 (resistance) — $0.85 (support) ()

• A breakout above $2.0 (previous ATH) may trigger continued growth on the wave of hype.

• Profit targets:

• TP1: $2.00 (benchmark for fixed resistance/ATH).

• TP2: $2.50–$3.00 — if the asset maintains the trend after the breakout.

• Stop: recommended stop-loss below $1.20–$1.30 — below the nearest support zone.

🚨 Risks

• High volatility: ranges from 50% to 100% per day.

• Corrections: a pullback to $1.0–$1.2 is possible without fundamental news or capital.

• Competition: other L2 solutions (Arbitrum, Optimism) may limit growth.

📌 Summary

Caldera (ERA) is a bright hype speculative project with a sensitive price momentum. Strong volume and listing on Binance provide grounds for short-term bets on growth ($2–$3), however, high volatility requires caution. For the long-term, there is potential, but it depends on network development and competition.

$ERA #era #памп