$ERA
Trading above $1.26 after rebounding from its lowest levels of the day. The price is approaching a key decision point, and traders are waiting for a confirmed breakout or false rejection.
Key levels to watch
Resistance: $1.2750 – A successful breakout here could lead to a rise towards:
• Target 1: $1.2850
• Target 2: $1.2900
Support: $1.2600 – Losing this area could open the way towards:
• Target 1: $1.2450
• Target 2: $1.2200
Volume is steady, but bulls need to follow through. Watch for clear movement above resistance with strong volume to confirm the trend.