$ERA Market Update.
ERA has been showing continuous upward momentum on both the 1H and 4H timeframes. It's currently trading around $0.0936, with an impressive 11.59% pump.
After such a strong move, I wouldn't be surprised to see a small retracement. Looking at the Fibonacci levels, the Golden Ratio zone is between $0.08609 (0.5) and $0.08211 (0.618). If the price pulls back into this area, I don't think there's any immediate reason to panic.
Personally, I believe ERA could potentially cross $0.1100.
That's my overall analysis for now. Let's see how the market develops. If you're considering an entry, make sure to manage everything properly.
ERA has been showing continuous upward momentum on both the 1H and 4H timeframes. It's currently trading around $0.0936, with an impressive 11.59% pump.
After such a strong move, I wouldn't be surprised to see a small retracement. Looking at the Fibonacci levels, the Golden Ratio zone is between $0.08609 (0.5) and $0.08211 (0.618). If the price pulls back into this area, I don't think there's any immediate reason to panic.
Personally, I believe ERA could potentially cross $0.1100.
That's my overall analysis for now. Let's see how the market develops. If you're considering an entry, make sure to manage everything properly.
