$ERA is stuck in a range — breakout above $1.54 could spark a big rally!
#ERA is currently trading inside a key range:
🔹 Resistance Zone: $1.5452
🔹 Support Zone: $1.1653
After reclaiming the $1.20 level, price formed a higher low and is now consolidating near $1.2889.
Key Observations:
✅ Strong demand seen around $1.165
✅ Price respecting market structure (bullish higher low)
✅ Volume shows steady buildup – possible breakout prep
✅ Break above $1.5452 = possible trend continuation
If we see a clean breakout and candle close above $1.5452, a bullish move toward previous highs is likely. Until then, this range remains a key decision zone.
📌 Bias: Neutral-to-Bullish
📌 Strategy: Watch for a breakout above resistance with volume confirmation. Accumulation near $1.20 support still favorable for risk-managed entries.
