š§Ø $ERA Dumps After $5 Spike ā Now What?
After launching with a wild $5.10 wick, #ERA has collapsed to $1.2795, down nearly -75% from its all-time high. Price action is now stuck in a tight sideways range, suggesting the hype has cooled and reality has set in. š§
š Key takeaways:
ā¢ Daily price dropped -2.97% today
ā¢ Still trading slightly above the 7-day MA ($1.3228), but momentum is fading
ā¢ Volume has thinned dramatically since launch ā a red flag for volatility traders
Until fresh news or major listings hit, ERA is likely to chop between $1.20ā$1.40. A breakdown below $1.20 could open the door for a revisit toward $1.00 or even lower.
Stay cautious. This oneās still finding its fair value.