🚨 Caldera ( $ERA ) Bears in Control — Is a Bounce Brewing?
Square-Creator-0cf929d29
Updated at: 21 hours ago
{"content":"🚨 Caldera ( $ERA ) Bears in Control — Is a Bounce Brewing? 🔄
ERA/USDT continues its downward trajectory, now finding some footing near $1.10 after a consistent multi-day sell-off. But could this be the calm before a bullish bounce?
📊 Current Price: $1.1171
🕐 Timeframe: 1H Chart
🛠️ Key Support Levels:
💥 $1.10 – Local support where buyers recently stepped in
🛡️ $1.00 – Psychological and round-number support
🔻 $0.93 – Next major demand zone if $1 fails
🎯 Upside Targets (If Reversal Holds):
🚀 Target 1: $1.25 – Previous horizontal support and MA cluster
💎 Target 2: $1.36 – Key resistance from recent lower highs
🌕 Target 3: $1.50 – Breakout zone from the bullish impulse on July 25
📉 Trend Check:
❌ Price is below all key moving averages (MA7, MA25, MA99) — short-term bearish
🔄 RSI likely oversold — potential relief rally incoming
⚠️ Needs to break back above $1.20+ to confirm recovery
🧠 TL;DR:
$ERA is on the edge — $1.10 support must hold or we may visit sub-dollar territory. Bulls need to reclaim $1.25 fast for a shot at a trend reversal. 🔄 Watch closely — this level is do or die. 💣
#Caldera #Write2Earn @Calderaxyz ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/30/a3ad33ac83eb371149db4b3c4c0ca059.png"],"tags":[],"tradingPairs":["ERA/USDT"],"quotearticleid":0}