Technical analysis by CryptoAnalystSignal about Symbol ERN: Buy recommendation (7/14/2024)

#ERNThe price is moving within a descending channel pattern on the 4-hour frame, which is a strong retracement patternWe have a bounce from a major support area in green at 2.00We have a tendency to stabilize above the Moving Average 100We have an upward trend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discountEntry price is 2.10The first goal is 2.34The second goal is 2.60The third goal is 2.90The first goal is 2.34 Reached