🧨 $ERA Dumps After $5 Spike — Now What?
After launching with a wild $5.10 wick, #ERA has collapsed to $1.2795, down nearly -75% from its all-time high. Price action is now stuck in a tight sideways range, suggesting the hype has cooled and reality has set in. 🧊
📉 Key takeaways:
• Daily price dropped -2.97% today
• Still trading slightly above the 7-day MA ($1.3228), but momentum is fading
• Volume has thinned dramatically since launch — a red flag for volatility traders
Until fresh news or major listings hit, ERA is likely to chop between $1.20–$1.40. A breakdown below $1.20 could open the door for a revisit toward $1.00 or even lower.
Stay cautious. This one’s still finding its fair value.