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$Trader @GDXTrader on x 11.5K followers
Created: 2025-06-24 03:20:27 UTC
$ERO
$ERO is on the verge of breaking out of its bull flag pattern, a bullish continuation setup that reflects healthy consolidation after a strong move.
What’s particularly notable is that price has been holding above the 200-day moving average—something we haven’t seen since October 2024—signaling a potential shift in long-term sentiment.
This consolidation above key support shows buyers stepping in on dips, reinforcing bullish control.
The breakout from the earlier inverse head and shoulders pattern has already confirmed a change in trend, and now price is progressing methodically, level by level.
The presence of a solid volume shelf beneath current levels provides added support and suggests that any pullbacks may be met with renewed buying interest.
Bulls are in control as long as the bull flag support holds.
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