ERA/USDT Price Prediction โ€“ 1H Chart

๐Ÿ“‰ Current Price: $1.4611

๐ŸŸ  EMA(7): $1.4976 (Price is trading below EMA โ€“ slight bearish pressure)

๐Ÿ“‰ RSI(6): 41.95 (Neutral to slightly oversold โ€“ potential for bounce)

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๐Ÿ•ต๏ธโ€โ™‚๏ธ Analysis:

After a strong pump to $2.0561, the price retraced and is consolidating.

Price is below the EMA(7), suggesting bears are currently stronger.

RSI is near 40, meaning it's nearing oversold territory โ€“ a bounce is possible if buyers step in.

MACD is not visible, but momentum appears weak.

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๐Ÿ“Š Short-Term Prediction (Next 2โ€“6 Hours):

๐ŸŸข Bullish Scenario:

Entry Zone: $1.40 โ€“ $1.47

Targets:

๐Ÿฅ‡ $1.60

๐Ÿฅˆ $1.75

Stop-Loss: Below $1.33

๐Ÿ”ด Bearish Scenario (Breakdown):

If price drops below $1.33 with strong volume,

๐Ÿงจ Support levels:

โš ๏ธ $1.07

โš ๏ธ $0.92

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๐Ÿง  Conclusion:

Price action is weak but stabilizing. If bulls reclaim $1.50+, a recovery may begin. Otherwise, further downside to $1.30โ€“$1.10 is likely.

#Caldera $ERA