$ERA A new 24-hour high has been set.
24h +5.25%, current price 0.0622, previous high 0.06039.
Structurally, a new high means there is less overhead selling pressure from trapped holders, so short-term resistance is relatively light. However, if the price quickly falls back below the previous high, watch out for a bull trap. Will the market turn next?
24h +5.25%, current price 0.0622, previous high 0.06039.
Structurally, a new high means there is less overhead selling pressure from trapped holders, so short-term resistance is relatively light. However, if the price quickly falls back below the previous high, watch out for a bull trap. Will the market turn next?