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$ERA 📊 ERA/USDT Technical Analysis (1H Chart)

💰 Current Price: $1.3582

📉 24h Change: -1.65%

📈 Support & Resistance Levels Identified

🟡 Chart Pattern:

As seen on the chart, the price has formed an ascending triangle, with the lower trendline acting as strong support. After facing rejection at the top, the price corrected, but a bullish bounce has been observed again.

📉 Short-Term Move:

Price may dip slightly to retest the support zone (~$1.22 - $1.25 range)

If volume supports, a potential bullish breakout could follow, especially if it breaks above $1.60 resistance

🔮 Next Move Prediction:

After bouncing from support, if momentum picks up, price may rally towards $1.80+

📊 Market Sentiment:

Long vs Short Ratio: 🔴 48.97% Long | 🟢 51.03% Short

(Market sentiment is slightly bearish, but price is near a bounce zone)

📌 Key Levels to Watch:

Support: $1.22

Resistance: $1.60

Breakout Target: $1.80+