Technical Analysis of Price @Caldera Official $ERA
In the past 24 hours, @Caldera Official ($ERA ) has created a “big wave” on Binance. The price at one point reached 1.77 USD (+106%), but quickly corrected to around 0.84 - 1.16 USD. The wide range reflects a lack of stability, but also opens up opportunities for risk-seeking investors.
Trading volume reached nearly 1 billion USD, showing strong cash inflow thanks to the listing effect and the airdrop program. This is the main reason for the spike in demand, driving prices up sharply in the short term. However, profit-taking pressure after the hot increase has led to strong correction phases.
Technically, $ERA currently fluctuates around the short-term support zone of 0.82 - 0.85 USD. If it holds, the price could recover to test the 1.2 - 1.3 USD mark (near resistance). Conversely, if it breaks this support zone, ERA risks falling below 0.8 USD. Momentum indicators are currently in an overbought state, warning that the risk of correction remains high.
@Caldera Official #Caldera #ERA
