$ERA isn't following BTC today.
BTC is down 4.57% and most of the board is red. ERA is up 6.82% at 0.0720, with a 24h high of 0.0752 and a low of 0.0646.
The 1h structure is a staircase of higher lows. Price pulled back to the 0.0620 area, bounced, and kept building. The Supertrend flipped green and now sits at 0.0662 as support, well below current price. RSI(6) is at 71.89, strong but not stretched.
The breakout bar printed the heaviest volume on the chart, then price wicked to 0.0752 and got rejected. It's now back at 0.0720, pressing on that high again. The latest bar shows 1.77M ERA against a MA(5) of 6.93M, so volume is cooling while it consolidates just under resistance.
The bigger picture is still a recovery, not a trend change. 30 day is up 9.91%, but 7 day is down 4.76%, 180 day is down 50% and 1 year is down 73.68%.
A close above 0.0752 on volume confirms the breakout. Losing 0.0662 would put the whole setup in question.
$ERA
BTC is down 4.57% and most of the board is red. ERA is up 6.82% at 0.0720, with a 24h high of 0.0752 and a low of 0.0646.
The 1h structure is a staircase of higher lows. Price pulled back to the 0.0620 area, bounced, and kept building. The Supertrend flipped green and now sits at 0.0662 as support, well below current price. RSI(6) is at 71.89, strong but not stretched.
The breakout bar printed the heaviest volume on the chart, then price wicked to 0.0752 and got rejected. It's now back at 0.0720, pressing on that high again. The latest bar shows 1.77M ERA against a MA(5) of 6.93M, so volume is cooling while it consolidates just under resistance.
The bigger picture is still a recovery, not a trend change. 30 day is up 9.91%, but 7 day is down 4.76%, 180 day is down 50% and 1 year is down 73.68%.
A close above 0.0752 on volume confirms the breakout. Losing 0.0662 would put the whole setup in question.
$ERA
