๐ Analysis of $ERA /USDT 1h
ERA is trading within an ascending wedge, showing a gradual tightening of the range of movement. The price has broken through the upper boundary of the Ichimoku Cloud, signaling a potential bullish momentum. โ๏ธ๐
๐น Support: 1.2757
๐น Resistance: 1.2904 ( is being tested )
๐น MA(7, 25): Support an uptrend
๐น SAR: Under the candles - confirms bullish pressure
๐น Ichimoku Cloud: Reversal signal โ bullish "twist"
๐ A breakout above 1.2900 will pave the way for accelerated growth. However, it is necessary to monitor the volume and price reaction at the upper boundary of the wedge. A downward breakout is a signal for correction.
