$ERA Technical analysis of the trend
ERA is a relatively high-quality coin, with sufficient liquidity, worth keeping an eye on.
The 15-minute K-line for ERA is still in an upward trend line; do not short as long as it hasn't broken below the upward trend. The high and low points of the 15-minute K-line are rising, showing strong upward momentum. The upper pressure is around 1.28, and for further upward pressure, look at around 1.296. If this level is strongly broken, it will continue to rise, with additional pressure around 1.365.
The lower support is around 1.2. This level has been tested multiple times without an effective breakthrough, so this support still looks promising. If it breaks below this support and fails to rebound, consider selling the spot in batches.
Strongly optimistic about ERA! Spot prices around 1.2 can continue to be held, aiming for a double!
