๐ฅ $ERA @Caldera Official Strategic Compression in Play Before Potential Reversal Surge โ๏ธ๐ฅ
(1H Chart Breakdown โ Momentum Loading...)
๐ก Current Price: $0.9491
๐ป 24H Change: -4.73%
๐ 24H High/Low: $1.0407 / $0.9361
๐ Indicators:
โข EMA(7): $0.9507
โข EMA(25): $0.9627
โข EMA(99): $0.9706
๐ Market Commentary:
$ERA is exhibiting #calendar a classic bearish exhaustion pattern following a descending squeeze, now hovering near a multi-candle demand floor around $0.9360. Price action shows tight consolidation โ often a precursor to high-volatility expansions.
๐ง Technical Confluence Insight:
Lower Timeframe RSI Divergence detected
Volume tapering = Volatility compression phase
EMAs aligning for a potential crossover within next few candles
Immediate structure shift may be triggered above $0.9560
๐ฏ Trade Focus Zones:
Breakout Trigger: $0.9560+
Immediate Resistance: $0.9700 / $0.9825
Major Resistance Zone: $1.0000 psychological
Support Base: $0.9360 (critical defense)
๐ Strategic Setup Suggestion:
High-risk/reward scalpers and swing traders should monitor for bullish engulfing or volume-led candle breakout above the EMA cluster.
Potential short squeeze scenario developing if liquidity sweeps near $0.9360 fail to push lower.
๐ฎ Pro-Level Tip:
"Price coils before it strikes. In compression, the patient sniper finds their target."
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