$ERA The native token of Caldera is emitting short-term reversal signals after the price bounced back from a strong support area and regained an advantage over key moving averages.

On the 15-minute chart, ERA has surpassed the 7MA and 25MA lines, approaching the strong resistance area at 99MA at 0.935 USD. This is an important advancement, indicating that buyers are gradually regaining control.

📊 Live Price Action

  • Current price: 0.9340 USD

  • 7MA: 0.9341 USD

  • 25MA: 0.9268 USD

  • 99MA: 0.9355 USD

🧠 Technical Highlights

  • The short-term bullish structure is clearly forming.

  • The bullish trend initiated from the support area of 0.915 USD.

  • The price is hitting an important resistance at 99MA, which is a short-term barrier that needs to be broken.

  • If it breaks above 0.938 USD, the market may trigger a strong acceleration phase. 🔥

🎯 Short-term Price Levels of Interest

Resistance:

  • 0.938 USD — breakout level for the day, breaking it will open up new upward potential.

  • 0.950 USD — large time frame trap zone, strong profit-taking may occur.

  • 0.965 USD — squeeze target if buying pressure continues.

Support:

  • 0.926 USD — level that needs to be held to maintain short-term bullish structure.

  • 0.915 USD — invalidation point for the bullish trend if breached.

🔍 Reference Trading Scenario

  • Bullish scenario: If the price breaks 0.938 USD with good volume, it may open a position in the trend, targeting 0.950 → 0.965 USD.

  • Bearish scenario: If the price is rejected at 99MA and falls below 0.926 USD, selling pressure may pull the price back to 0.915 USD.

⏳ Conclusion: ERA is at a 'tipping point' between buying and selling forces. Breaking the 0.938 USD level will confirm a new bullish wave, while failure here could bring the price back to deeper support levels. @Caldera Official #Caldera