I've been watching $ERA (Caldera), and its latest price action caught my attention.
After spending time moving sideways around $0.065–$0.075, ERA has started showing stronger buying activity. It's now around $0.095, up nearly 18% in the chart snapshot.
What I find interesting is the volume: the recent upward move came with noticeable volume expansion, not just a small price bounce.
A few levels I'm watching:
• $0.091–$0.087: First support zone
• $0.099–$0.103: Important resistance
• $0.110: Possible next target if buyers break resistance
• $0.120: Extended target if momentum continues
The MA(7), MA(25) and MA(99) are currently below price in the latest screenshot, which supports the short-term bullish structure.
One thing to keep in mind: around 26.4M ERA tokens are scheduled to unlock on November 17. That's a potential supply-pressure risk.
My view: I wouldn't chase a green candle here. I'd rather watch whether ERA can hold its support and break $0.103 with convincing volume.
Could this be the beginning of another leg up?
#ERA #Caldera #CryptoTrading #altcoins $ERA
After spending time moving sideways around $0.065–$0.075, ERA has started showing stronger buying activity. It's now around $0.095, up nearly 18% in the chart snapshot.
What I find interesting is the volume: the recent upward move came with noticeable volume expansion, not just a small price bounce.
A few levels I'm watching:
• $0.091–$0.087: First support zone
• $0.099–$0.103: Important resistance
• $0.110: Possible next target if buyers break resistance
• $0.120: Extended target if momentum continues
The MA(7), MA(25) and MA(99) are currently below price in the latest screenshot, which supports the short-term bullish structure.
One thing to keep in mind: around 26.4M ERA tokens are scheduled to unlock on November 17. That's a potential supply-pressure risk.
My view: I wouldn't chase a green candle here. I'd rather watch whether ERA can hold its support and break $0.103 with convincing volume.
Could this be the beginning of another leg up?
#ERA #Caldera #CryptoTrading #altcoins $ERA
