#ERA #Gate广场征文活动第二期 #ERA

ERA has been quite strong lately, rising by 65% in the past week, with the current price around 1.3 dollars. In the last 24 hours, it dipped as low as 1.24 dollars.

Although the airdrop unlocking is a bit of a drag and selling pressure occasionally emerges, it can't withstand the steady control by the whales, which firmly supports the price. Experienced players know that with such strong control, as long as the price hasn't reached the target in the whales' minds, it is unlikely to stop easily.

There are currently two key price levels: ERA is trying to recover after a sharp pullback from a high of 1.6, now finding support above the 99 moving average and reclaiming the 7 moving average. A sustained close above 1.42 could open up space for a bullish continuation. Pay attention to the strength above the 25 moving average, with support below around 1.30, where previous pullbacks have stabilized; resistance above is at 1.56, and further up is the historical high of 2.00—at these levels, many will definitely want to take the opportunity to sell, and volatility is likely to increase.

In the short term, the buying interest is still relatively considerable. However, as long as $1.30 can be held, the possibility of continuing to push higher is significant.
The operator is "gaining momentum" and wants to push to a higher position. At this time, there's no need to panic. If you see it continuing to rise, just follow the rhythm. After all, the operator has put in so much effort, and it is unlikely they will stop if they haven't achieved their goal.
ERA is now a typical "sharp rise with small pullbacks", and the signs of market manipulation by the whales are quite obvious. Focus on the support at $1.30 and the resistance at $1.56. Following the trend should provide some opportunities.