Hi friends hope you are well, and welcome to the new update on ERN.
On a weekly time frame, ERN has bounced from a key support zone and reached the resistance of a big down channel.
Now the next key resistance is at $2.75, and ERN needs to first breakout the resistance of the channel and then it will still need to breakout the key resistance of $2.75 in order to start any big move.
For a detailed analysis, you can also watch the video as well.
▶️ 3Speak