⚙️ Technical analysis $ERA /USDT 4H chart
Current price: $0.9599
Main trend: Still leaning towards bearish, but signs of forming a bottom are appearing.
🔍 Moving Average (MA) Analysis
MA7 < MA25 < MA99 → Classic "Bear Stack" pattern, indicating that the bearish trend still prevails.
Price is fluctuating around MA25 → This is an important level; if maintained and surpassed steadily, it will open the way for buyers.
MA99 around $1.17 remains a strong resistance “ceiling”, needs to be broken to confirm a long-term reversal.
📊 Market observation
After a prolonged downtrend, the price is accumulating sideways around $0.90.
Several times dropped below $0.90 but quickly got bought up → early accumulation signs from smart money.
Recently had a slight breakout above MA25 → the first small victory for the bulls.
🎯 Price target
Target 1: $1.03
Psychological level (round figure $1.00)
Coincides with short-term resistance + nearest swing high
Reliability: Average
Target 2: $1.17
MA99 resistance zone
This is the final “checkpoint” before a strong uptrend returns
Reliability: Low to Average
💡 Suggestion: Smart traders will begin to take partial profits in this area.
Target 3: $1.42
Complete recovery target
Needs explosive trading volume + BTC market to shift to risk-on state
Reliability: Low if macro context does not support
📌 Conclusion:
$ERA is showing the first signs of accumulation phase, but the bearish trend has not been completely broken. A safe strategy is to buy cautiously in the accumulation zone, increase position size when the price surpasses important resistance levels, and always manage risk tightly. #Caldera @Caldera Official