🔥 $ERA Breaks Higher, But Can the Rally Last?
ERA surged 13% in 24 hours to $0.0668, supported by a sharp increase in trading volume and a breakout above $0.060 resistance.
However, RSI readings above 84 indicate heavily overbought conditions. The bigger concern is today's scheduled unlock of 23.45M ERA tokens, which could add selling pressure.
Strong momentum is attracting attention, but a pullback remains possible. I'm watching how ERA reacts to the unlock before judging whether this rally has more room to run.
$ERA
#ERA #Crypto #BinanceSquare #WriteToEarn #TMCrypto
ERA surged 13% in 24 hours to $0.0668, supported by a sharp increase in trading volume and a breakout above $0.060 resistance.
However, RSI readings above 84 indicate heavily overbought conditions. The bigger concern is today's scheduled unlock of 23.45M ERA tokens, which could add selling pressure.
Strong momentum is attracting attention, but a pullback remains possible. I'm watching how ERA reacts to the unlock before judging whether this rally has more room to run.
$ERA
#ERA #Crypto #BinanceSquare #WriteToEarn #TMCrypto