$ERA

Current Price: $1.2347

24h Change: -15.28% (pullback after initial pump)

24h High: $1.4826

24h Low: $1.2100

Volume (USDT): $63.95M (decent liquidity)

MA(7): $1.2410 (price just below short-term MA)

MA(25): $1.3093 (price well below mid-term MA)

📊 Trend Analysis

✅ Bullish Factors:

Still up significantly from the initial $0.20 launch low.

Prior large pump to $2.05 shows strong trader interest.

⚠️ Bearish Factors:

Price is consistently making lower highs and lower lows on the 1-hour chart.

Price is below MA(7) and MA(25), indicating ongoing bearish pressure.

Order book shows 55.39% selling vs 44.61% buying, indicating sell pressure dominance.

Decreasing volume suggests fading momentum post-pump.

#ERA

🔮 Next 24 Hours Forecast

🕑 Short-Term (Next 6-12 Hours):

Likely sideways consolidation between $1.20 - $1.30 as it stabilizes.

Small bounces to $1.28 - $1.32 possible if BTC or market sentiment improves.

⏳ Later (12-24 Hours):

If bullish buyers step in:

Retest of $1.35 - $1.40 possible.

If bearish continuation:

Possible further drop toward $1.15 - $1.18, with a potential retest of $1.10 if volume drops further.

🧠 Practical Trading Strategy

✅ For Buyers:

Consider watching for entries near $1.18 - $1.22 for scalp opportunities if BTC is stable.

Aim for quick 5-10% moves; do not hold long without clear reversal confirmation.

✅ For Sellers:

Look to offload positions near $1.30 - $1.35 if a bounce occurs.

Watch order book pressure for exits if large sell walls appear.

⚠️ Risks & Caution

ERA is highly volatile, showing typical pump-and-fade patterns after listings.

Market-wide corrections could accelerate downside.

Always use tight stop-losses if entering trades on this asset.

🚀 Summary

UPWARD POTENTIAL: If a bounce occurs, targets are $1.30 - $1.35, with a stretch target at $1.40.