$ERA is showing signs of recovery after testing $0.90 support 👇

✅ Trade Signal:

Entry: $0.95 – $0.96 accumulation zone

Target 1: $0.997

Target 2: $1.13

Target 3: $1.19

Stop Loss: $0.89

If it clears $0.975–$0.997 resistance, momentum can extend toward $1.19. Fundamentals remain strong, making dips an opportunity for accumulation.

🔹 Technical Analysis (4H Chart)

Current Price: $0.9568 (+3.01%)

Key Levels:

Resistance: $0.975 – $0.997 (MA25 & MA99 convergence zone)

Major Resistance: $1.19 (previous swing high)

Support: $0.90 (recent bottom), then $0.885

Moving Averages:

MA(7) = $0.9425 (short-term support)

MA(25) = $0.9758 (immediate resistance)

MA(99) = $0.9976 (strong resistance / trend confirmation)

Trend: Price bounced from $0.90 low, now retesting above MA(7). Needs a close above $0.975 to confirm reversal.

Volume: 12.14M ERA in last 24h, strong liquidity.

📉 Bearish Scenario: If price fails to break $0.975, it could revisit $0.90 support.

📈 Bullish Scenario: A breakout above $0.997 (MA99) may trigger rally toward $1.13–$1.19.

🔹 Fundamental Analysis – Why $ERA Matters

Caldera is building the “internet of rollups” for Ethereum by enabling:

1. Customizable Rollups → Any project can launch its own chain while still using Ethereum’s security.

2. Metalayer Innovation → Connects Optimistic and ZK rollups, allowing cross-rollup communication, liquidity sharing, and interoperability.

3. $ERA Token Utility:

- Transaction fees for cross-rollup operations.

- Staking for validators securing the Metalayer.

- Governance for upgrades and treasury.

💡 Future Prospects of @Caldera Official

With Ethereum scaling demand rising, #Caldera is positioned as a modular hub for rollups.

If adoption accelerates, demand for #Caldera (fees + staking) strengthens.

Interoperability narrative is strong (similar to Cosmos/Polkadot, but within Ethereum).