$ERA ERA (ERA) maintains bullish momentum, approaching $0.97
ERA continues to demonstrate strength by sustaining its upward momentum in the short term. After a strong bounce from the $0.91 zone, the price has tested the $0.96 - $0.97 range multiple times and is currently holding steady around this level. This highlights solid buying pressure, providing a foundation for a more sustainable uptrend.
On the 15-minute chart, ERA experienced a brief correction after hitting nearly $0.98 but quickly recovered with notable trading volume. The $0.95 level is acting as immediate support, while the key resistance lies at $0.98 – a breakout could pave the way for ERA to test the $1.00 psychological mark.
RSI is hovering around 60, signaling that buying momentum still has room to grow. Meanwhile, MACD has crossed above the signal line, reinforcing the short-term bullish bias.
With this setup, ERA is at a pivotal point – can it gather enough momentum to break through the $1.00 resistance in the coming sessions?
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