ERA Caldera forecast

Here is the forecast for the memecoin/methane Caldera (ERA) for today – July 19, 2025:

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📉 Current market situation

Price: approx. 1.24 USD, down by ~17% in the last 24 hours (from a level of ~1.49 USD).

Volatility: sharp movement – yesterday a rise of +64% following the listing on Coinbase, currently undergoing a correction after the airdrop.

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🔍 Technical analysis and sentiment

On short intervals, a bullish formation is visible – "bullish pennant" between 1.49–1.57 USD, indicating a possible breakout upwards.

On-chain: high volumes, over a billion value locked in the ecosystem (TVL), which supports potential growth.

Sentiment: strong interest from retail and institutional investors, support from Sequoia and Dragonfly, which stabilizes the fundamentals.

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🎯 Key price levels

Level Importance

Support: ~1.20–1.24 USD current price – here is the key bounce

Resistance: ~1.49–1.57 USD the upper line of the pennant formation

Short-term target: 1.50–1.80 USD depending on the strength of the breakout

Potential target 2025: 2.50 USD and more, up to 4–4.5 USD

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🧭 Forecast for today, July 19, 2025

After a significant drop, the day is expected to stabilize around 1.20 USD.

If it stabilizes above 1.24–1.25 USD, it may test the resistance at 1.49–1.57 USD along with a breakout from the pennant formation.

Any drop below 1.20 USD increases the risk of continued correction to levels around 1.10–1.15 USD.

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✅ Summary

Intraday sentiment: mixed – bounce or consolidation below key resistance.

If it holds above 1.24 USD, there is room to test 1.50 USD.

Risk: correction to 1.15–1.20 USD, especially with post-listing selling after the airdrop.

Signals to watch: breakout from the pennant above 1.57 USD + increase in volumes = potential start of a new wave.