Caldera ( $ERA ) Key Support Levels and Contract Opening Points:
Current Price: $0.7886
24-Hour Trading Volume: $13,867,564
Market Capitalization: $117,132,377
7-Day Decline: -10.07%
30-Day Decline: -38.07%
Support Level Analysis:
After a significant decline recently, key short-term support levels are usually at previous low points or areas of high trading volume.
The $0.75-$0.78 range is a short-term support zone.
If it breaks below $0.75, the next support to watch is the $0.65-$0.68 range.
Contract Opening Points:
You can try a small long position in the $0.75-$0.78 range, with a stop-loss suggested below $0.72.
Wait for the price to stabilize after retracing to the $0.65-$0.68 range before considering opening a long position.
If the price rebounds, short-term resistance is at the $0.90-$1.00 range, which can serve as a take-profit or short position reference.