🔵 For those who spoke badly of $ERA post-listing... take a deep breath because the turbo is just getting started!
That technical correction that some called "free fall" was actually a healthy pullback to support. Those who understand analysis know that it's the time to adjust positions, not to panic.
📉 On Binance, ERA was listed with the Seed Tag and experienced a surge of 120% in one day (from $0.85 to around $1.88), thanks to the airdrop of $BNB
📊 Now, after the correction, the candles show the formation of an accumulation zone between $1.35 to $1.48, with still high volume — typical of consolidation before a new impulse.
💡 The technical indicators (RSI around 40, MACD with potential bullish crossover) signal a resumption of buying pressure. The structure of "higher lows" forms a flag or pennant pattern.
🎯 Technical target set: $2.50–3.00 in the coming weeks
• If the volume resumes consistently and the token breaks above $1.80–1.90, the next level of real resistance appears between $2.50 and $3.00 — a psychological and technical range derived from the previous pivot and Fibonacci extension.
• There is still room to test the historical ATH of $2.00 again, which would serve as a trigger to let the bulls run.
