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ERA/USDT Resistance Challenge 99MA — Is a Reversal Signal Forming?
$ERA, the native token of Caldera, is signaling short term reversals after the price bounced back from a strong support zone and regained an advantage over key moving averages. On the 15-minute chart, ERA has risen above the 7MA and 25MA, approaching the strong resistance zone of 99MA at 0.935 USD. This is an important advance, indicating that the buyers are gradually regaining control. 📊 Live Price Movement Current price: 0.9340 USD7MA: 0.9341 USD25MA: 0.9268 USD99MA: 0.9355 USD 🧠 Technical Highlights The short-term uptrend structure is clearly forming. The upward trend is triggered from the support zone of 0.915 USD. The price is approaching the important resistance of 99MA, which is a short-term barrier that needs to be broken. If it breaks above 0.938 USD, the market may trigger a strong acceleration. 🎯 Short Term Price Zone Of Interest Resistance: 0.938 USD — breakout level for the day, breaking it will open up new potential for growth. 0.950 USD — trap zone on a larger time frame, strong profit-taking may occur. 0.965 USD — squeeze target if buying pressure is maintained. Support: 0.926 USD — zone that needs to be maintained to sustain the short term uptrend. 0.915 USD — invalidation point of the uptrend if it is breached. 🔍 Reference Trading Script Bullish scenario: If the price exceeds 0.938 USD with good volume, a position can be opened in the direction of the trend, with targets of 0.950 → 0.965 USD. Bearish scenario: If the price is rejected at 99MA and falls below 0.926 USD, selling pressure may pull the price back to 0.915 USD. ⏳ Conclusion: ERA is at a "brainstorming" point between buying and selling pressure. A break of the 0.938 USD zone will be a confirming signal for a new upward wave, while failure here could bring the price back to a deeper support zone. @Calderaxyz #Caldera