$ERA ERA This coin is essentially a VC market, and the technical aspect must be combined with on-chain data to be real. The 15-minute chart shows that the market makers are repeatedly cutting leeks: every sudden rise is a false breakout, and there are large transfers to exchanges recorded on-chain during the sharp declines. The MACD being below the zero line with a golden cross is likely a trap, after all, the indicators of such small coins are easily manipulated.
ERA coin 15-minute battle situation: 1.46 is the line of life and death! A break means a crash!
Naked K truth
Ladder-style decline: high point 1.5243 → 1.48 → 1.46, the rebound high point is getting lower, and the bears are clearly in control.
Volume killing signal: July 18 15:45, volume spike followed by a sharp decline, then a decrease in volume.
MACD struggling underwater: golden cross below the zero line = fleeting light, if the rebound does not exceed 1.49, continue to sell!
RSI 44, the frog in warm water: not reaching oversold (<30) indicates the downtrend is not over, beware of continued decline breaking down.
Three-line death arrangement: EMA7/30/120 all press on the top (1.48-1.50), rebounds are short points.
Volume trap
Sharp decline with volume (market maker selling) → gradual decline with reduced volume (retail investors trapped) → then increased volume = breaking point explosion.
Binance depth only $120,000 → market maker selling $10,000 can cause a -5% flash crash.
The project address has recently transferred coins to exchanges (starting with 0x3dC), monthly selling pressure $2 million+
It’s better to enjoy together than alone; if you extend your hand, I can pull you ashore!!
SUI TURMP BONK PEPE OM SOL PNUT
