Here's a technical breakdown of $ERA /USDC based on the data you've shared:
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đ Current Price
1.3335 USDC
(PKR â Rs377.81)
Change: -0.34% (24h)
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đ Price Range (24h)
High: 1.4400
Low: 1.3026
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đ Moving Averages
MA(5): 1.2527 (Bullish, short-term rebound)
MA(7): 1.3504
MA(10): 1.3245 (approx, interpolated)
MA(25): 1.3664
MA(99): 1.3610
đč Price is below MA(25) & MA(99) â Short-term correction
đč Near MA(7) â Could act as resistance
đč Above MA(5) & MA(10) â Minor bullish bias
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đ Volume & Momentum
$ERA Volume: 4.99M
USDC Volume: 6.83M
Latest Candle Volume: 125,804.1
MA(5) Volume: 178,764.8
MA(10) Volume: 132,447.6
đ» Volume is below average, indicating low conviction.
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đ Technical Indicators Summary
MACD: Likely converging â check for crossover.
SAR: Use to confirm if dots are above price (bearish) or below (bullish).
Bollinger Bands: Price possibly contracting â volatility squeeze expected.
Support Levels: 1.3026, 1.2675, 1.2527
Resistance Levels: 1.3504, 1.3664, 1.4400
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đ§ Analysis Summary
Short-Term Bias: Mildly bearish to neutral
Trend: Price correcting after recent highs
Trade Idea:
Buy Zone: 1.27 â 1.30 (if support holds)
Sell/TP: 1.35 â 1.44
SL: Below 1.25