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Is ERAS signaling a buying opportunity? 20 Day Moving Average Support shows up after sliding 3.11%

Erasca, Inc (ERAS) — Nightly Technical Analysis · Sep 12, 2025, 17:34 ET
ERAS closed down 3.11% on Friday, September 12th, with volume running 1.2× above average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 1.53, 1.5 & 1.44, with resistance at 1.61, 1.67 & 1.7.

Current SwingTradeBot Technical Rating of ERAS: D

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Erasca, Inc. (ERAS)