ERA/USDT Price Prediction โ 1H Chart
๐ Current Price: $1.4611
๐ EMA(7): $1.4976 (Price is trading below EMA โ slight bearish pressure)
๐ RSI(6): 41.95 (Neutral to slightly oversold โ potential for bounce)
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๐ต๏ธโโ๏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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๐ Short-Term Prediction (Next 2โ6 Hours):
๐ข Bullish Scenario:
Entry Zone: $1.40 โ $1.47
Targets:
๐ฅ $1.60
๐ฅ $1.75
Stop-Loss: Below $1.33
๐ด Bearish Scenario (Breakdown):
If price drops below $1.33 with strong volume,
๐งจ Support levels:
โ ๏ธ $1.07
โ ๏ธ $0.92
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๐ง 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.
