After dipping into the $0.90s,$ERA has bounced back strongly, now trading around $0.983, pulling back ~10% in 24h from its recent peak. That’s quite a bounce given its earlier 30% drop from last week.
📈 What’s Behind the Move?
• Listing Surge Phase: ERA initially surged over 85–130%, from $0.80 to highs near $2 as it launched simultaneously on Binance, Coinbase, and others
• Ecosystem Standpoint: With <15% of supply currently in circulation and more than $550M in TVL,
#caldera supports 60+ rollups and processes millions of transactions via its Metalayer. Backed by Sequoia, Dragonfly, and Founders Fund.
📊 What to Watch Now
• Support ~$1.00–$0.95 (Buying zone during pullback)
• Resistance ~$1.10–$1.20 (Next challenge for breakout)
🚨 This isn’t a quiet token anymore, ERA’s pulled back from its hype phase, but the fundamentals remain solid. Holding above $1.00 keeps it in range, while reclaiming $1.20 could open more room. Watch for volume and structural follow-through.