Taher taher
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Here is a brief technical analysis for the ERA/USDT coin based on the image:
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🔍 Brief Technical Analysis:
Current Price: 1.5550 USDT
24 Hour Gain Percentage: +677.50% — A very strong jump indicating a positive news or sudden event.
Highest Price in 24 Hours: 2.0561
Lowest Price in 24 Hours: 0.2000
Exponential Moving Average EMA50: 1.5854 — The current price is lower than this, indicating technical resistance.
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📊 Technical Outlook:
Overall Trend (Short-term): Recently bullish, but the price faces strong resistance at the moving average (EMA50).
Closest Support: 1.50 then 1.45
Closest Resistance: 1.585 then 1.65
Current Candles: Show indecision near the resistance level, which may indicate a potential correction if not broken.
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📌 Conclusion:
If the price breaks the 1.585 level with a clear close above it, it may continue to rise towards 1.65 then 1.70.
However, if it fails to overcome the resistance, we may see a decline towards 1.50 or lower.
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🔍 Brief Technical Analysis:
Current Price: 1.5550 USDT
24 Hour Gain Percentage: +677.50% — A very strong jump indicating a positive news or sudden event.
Highest Price in 24 Hours: 2.0561
Lowest Price in 24 Hours: 0.2000
Exponential Moving Average EMA50: 1.5854 — The current price is lower than this, indicating technical resistance.
---
📊 Technical Outlook:
Overall Trend (Short-term): Recently bullish, but the price faces strong resistance at the moving average (EMA50).
Closest Support: 1.50 then 1.45
Closest Resistance: 1.585 then 1.65
Current Candles: Show indecision near the resistance level, which may indicate a potential correction if not broken.
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📌 Conclusion:
If the price breaks the 1.585 level with a clear close above it, it may continue to rise towards 1.65 then 1.70.
However, if it fails to overcome the resistance, we may see a decline towards 1.50 or lower.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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