$ERA /USDT Price Analysis — Recovery Momentum Building?
ERA/USDT is currently trading at $0.9441, up +1.01% for the day, showing a slight bullish edge after rebounding from the intraday low near $0.9170.
🧠 Market Overview:
Strong Bounce: After forming a local bottom at $0.9170 around 16:30, ERA has recovered with strong upward momentum.
Resistance Tested: The pair touched a daily high near $0.9620, facing resistance before retracing.
Current Trend: Short-term trend leans bullish, but consolidation is forming between $0.9380–$0.9520.
📈 Key Levels to Watch:
Immediate Support: $0.9380
Major Resistance: $0.9620
Breakout Zone: A close above $0.9620 could trigger a move toward $0.9750+
📌 Conclusion:
$ERA /USDT is attempting a short-term recovery after a dip and is now ranging just below resistance. Bulls must reclaim $0.9620 to maintain momentum. Caution advised near resistance levels.
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