$ERA š Daily Update of $ERA (Boiler)
After the strong surge from 0.20 to 2.05 USDT following its launch, ERA continues in a correction phase. It has already accumulated several days of decline with consecutive bearish candles, approaching its lowest recorded support post-listing.
š Moving Average (MA7): 1.2391
ā”ļø The current price is below this average, reflecting technical weakness in the short term.
š High Volume: Despite the decline, the daily volume remains above 850 million ERA, suggesting that interest is still active but dominated by sellers.
ā ļø If it loses the zone of 1.10 - 1.09 USDT, we could see new lows.
š If it bounces back, first strong resistance in the zone of 1.23 USDT.
š§ Patience for those holding. Delicate moment to enter without confirmation of a trend change.