#Gate Square Writing Contest Phase 2 #ERA $ERA Caldera: Multi‑Timeframe Deep Dive—EMA/SMA, MACD, SAR, Fibonacci, Volume & Long‑Term Price Forecast
Latest Market Snapshot & Price Trend
Current ERA price sits near $1.22, down ~12% over 24h, off its ~$2.05 all‑time high reached mid‑July before retracing to ~1.20 support . Volume surged then dropped sharply, reflecting both exhaustion at the top and decline in momentum .
Moving Averages (EMA & SMA)
Short-term EMA (7-day, 21‑day): price currently below both short EMAs → bearish structure, resistance at EMA21. Needs reclaim to signal momentum shift