$ERA Analysis 🚀 100X ?



Price Movement: The current price is 1.3755 USDT, reflecting a 4.99% decrease (-0.0722) in the last 4 hours. The chart shows a recent sharp drop followed by a slight recovery, indicating volatility.

Trend: The price has been relatively stable with minor fluctuations over the past few days, but the recent drop suggests a potential bearish sentiment in the short term.
Volume: The volume spike coincides with the price drop, which could indicate strong selling pressure or a significant market event. The volume has since decreased, suggesting reduced activity.

Support and Resistance: The price appears to have found temporary support around 1.3755 after the drop. The previous high near 1.5745 could act as a resistance level if the price recovers.

Indicators: The chart lacks specific technical indicators (e.g., RSI, MACD), but the volume SMA shows increased activity during the drop, which might signal a shift in momentum.
ERA3.99%
ACT3.77%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)