🚨 $ERA Caldera (ERA) in Recovery Attempt After Sell-Off 🚨
On the 15-min chart, $ERA has just bounced from the $0.9980 zone after a sustained downtrend and is now testing early signs of a bullish retracement. The price previously moved in a descending channel, showing strong seller dominance, but buyers are attempting to reclaim momentum.
📊 Key levels to watch:
Immediate support: $0.9980 – If this holds, the bounce can extend.
First resistance: $1.0277 (EMA & previous breakdown level).
Major resistance: $1.0450 – Break and close above this would confirm bullish continuation.
Bullish scenario (if $1.0277 breaks with volume):
TP1: $1.0360
TP2: $1.0450
TP3: $1.0600
❌ Invalidation: Break below $0.9980 with volume.
🔻 Bearish scenario (if rejection at $1.0277):
TP1: $1.0050
TP2: $0.9980
TP3: $0.9850
❌ Invalidation: Close above $1.0277.
📌 Bias: Neutral short-term, waiting for confirmation from the $1.0277 zone.
