$ERA is close to break the next Resistance
ERA is currently trading at $1.0435, just under the MA(7) at $1.0467 and close to the MA(25) at $1.0417, showing price is consolidating near short-term averages. After hitting a recent high of $1.0976, the token pulled back to $0.9976 before bouncing again.
The immediate resistance sits at $1.046–$1.05, followed by a stronger barrier around $1.097–$1.10. A breakout above $1.05 with solid buying volume could open the path for a retest of the $1.10 zone. If buyers push through this level, the next target would be near the $1.19 spike seen earlier.
However, failure to clear $1.05–$1.10 may result in another pullback toward $1.02 or even $0.997 before bulls regroup.
Momentum is improving after the recent dip, but for ERA to confirm a bullish reversal, it needs a strong close above $1.10.
