🔻 @Caldera Official $ERA Pullback: Post-Airdrop Pressure & Derivatives Weigh on Price❗

Caldera (ERA) saw a minor drop in the past 24 hours, impacted by post-airdrop token unlocks, derivative market volatility, and fading momentum across the altcoin sector.

🪂 Airdrop selling intensified after the July 24 release of 70M tokens (4.7% of supply)

📉 Price down nearly 30 since the July 18 Coinbase listing

📊 RSI at 30.72 indicates oversold territory but weak recovery signs

⚠️ Still trading well below the 7-day SMA, with poor liquidity absorption

While $0.90–$0.93 acts as short-term support, the $1 psychological level remains a key barrier.

Can Caldera’s Metalayer adoption offset Q3 exchange-driven volatility?

#Caldera #caldera