The 1H chart for token $ERA shows a clear recovery trend after forming a bottom at 1.1575:

The current price is at 1.2891, higher than MA(7) 1.2268 and MA(25) 1.2608 → Positive signal, the short-term MA is crossing above the long-term MA.

The buying volume (Vol) has increased slightly and steadily, especially the last candle with a range of +2.71%, indicating strong demand.

The price has broken out of the sideways range of 1.22 – 1.26 and is maintaining a new peak, signaling the possibility of continuing the short-term upward trend.

Technical signals:

Continuous green candles and the price is following MA(7) → The short-term uptrend signal is still strong.

As long as it stays above 1.26 – 1.27, ERA could approach the range of 1.31 – 1.35 in the next 1–2 days.

If it loses support at 1.26, it is likely to retreat to test 1.22.

Prediction:

There is a high possibility that ERA will continue to recover to the range of 1.31 – 1.35 if it maintains stable cash flow. The downside risk will only be triggered if the volume weakens and the price closes below 1.26.

👉 In summary: Positive trend, but should monitor the buying strength to avoid a bull trap. #Caldera @Caldera Official