After a sharp drop from $2.05, $ERA is showing signs of potential stabilization around $0.94. The recent long wick down to $0.10 may mark a seller capitulation zone. If the $0.90 support holds, we could see a technical bounce toward key resistance levels at $1.33 and $1.74.
The volume spike during the drop signals strong market interest this could become an accumulation zone for smart investors.
I’m watching ERA closely for confirmation of reversal. A move above $1.00 could ignite momentum toward $2.00 again.
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