• Price at $1.22 (-5% during the day), in the range of $1.20–$1.33
• Watch for a breakout at $1.35 — may lead to movement towards $1.50–$1.60
• Support Areas: $1.20 / deeper safety at $1.15
• Significant liquidity on Binance — trade with confidence
• Follow bridge adoption and the opening of upcoming tokens
📊 Price and Market Snapshot
Current Price: ~1.22 USD, down ~5–6% in the last 24 hours
24-hour range: $1.20 – $1.33
7-day range: $0.87 – $1.82 (all-time high of $1.95 on July 17)
Market Cap: ~180 million USD; 24-hour volume: ~310 million USD (very strong liquidity)
🔍 Technical Trend Analysis
Price Movement: After opening volatility, ERA formed a bullish flag pattern around $1.49–$1.57 — typically a continuation pattern
Volatility: A high range during the day from $1.35 to $1.85 was observed 4 days ago — indicates opportunity but also risks
Technical Indicators: Investing.com indicates a mix of neutral/buy signals, suggesting traders should watch for a breakout or breakdown
🔧 Fundamental Developments and Catalysts
Main Listings: The simultaneous listing on Binance, Coinbase, Opt, and Bybit led to an increase of +110% at launch, reaching $1.88
Bridge Launch: On July 21, a preview of the Caldera bridge was launched — enabling asset flow across networks and enhancing network effects
On-chain footprint: Over 50 live roll-ups, $400–600 million TVL, 27 million wallets — indicating strong adoption of the ecosystem
📌 Bullish Scenario: Large breakout above $1.35 → target $1.50+
⚠️ Downside Risks: Breakdown below $1.20 leads to testing $1.15–$1.10
🚀 Traders' Advantage on Binance
Available Pairs: ERA/USDT, ERA/BNB (0.00159 BNB ≈ 1 ERA), ERA/FDUSD/TRY/USDC
Liquidity Attraction Point: Binance represents 33% of the total ERA volume ($105 million)
Actionable Tips:
Watch for a breakout above $1.35
Use tight stop-losses near $1.20
Consider trading the volatility range (1.20–1.35)
