🔻 $ERA is currently undergoing a correction after hitting $1.04 intraday. Now trading at $0.9428, the price is under selling pressure, with MA(7), MA(25), and MA(99) all positioned above signaling a short-term bearish bias.
However, watch out: RSI(6) and RSI(12) are in oversold territory, potentially indicating a technical rebound around the $0.9360 zone today’s low.
As a trader, I’m watching closely for a possible reversal signal through RSI confirmation or a bullish break above the moving averages.
