📉 $ERA /$USDT – From Moon to Reality?
On July 17, ERA skyrocketed from $0.20 to $2.05 in a single day (+925% 🚀) — but what followed was a harsh reality check. The price has now crashed back to $0.94, dropping over 54% from the top.
🔍 What happened?
Classic Pump & Dump structure
Heavy selling pressure after initial spike
Parabolic SAR now signaling downtrend
Volume is decreasing = Buyer exhaustion
💡 Key Lesson:
Don't chase green candles blindly. If there’s no strong support or fundamentals, these explosive moves often reverse hard. This full red candle was a sign of mass profit-taking and panic selling.
❓Do you think ERA will recover or bleed further?
Comment your thoughts below 👇