$ERA

📈 Chart

There is clear resistance around 1.1905 - 1.1973 (formation of repeated red candles there).

The nearest support is 1.1575 (lowest level in 24 hours).

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🚨 Initial signals:

🔸 Weakly positive: There is a beginning attempt to rebound from the support, but the momentum is very weak so far.

🔸 Caution required: Since the currency has dropped 14% in 24 hours, a temporary rebound (correction) may occur, but it may not last long without strong trading volume to support the rise.

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🎯 Important levels to watch:

Support: 1.1575 – breaking below it may open the way towards 1.12

Resistance: 1.1973 – breaking above it with strong volume gives a good buy signal towards 1.22