$ERA Holding Key Support, Bounce or Breakdown Ahead?
$ERA is trading around $0.9598, consolidating after testing both support and resistance zones. The coin is at a decision point where holding support could spark a bounce, but further weakness risks a breakdown.
Key Levels to Watch
• Resistance: $0.9700 – A breakout above this zone could push price toward $0.9850 and $1.00.
• Support: $0.9580 – Losing this level may drag price lower toward $0.9450 and $0.9300.
Trade Setup – Waiting for Confirmation
• Bullish Entry: A confirmed move above $0.9700 could target:
TP1: $0.9850
TP2: $1.00
• Bearish Entry: A breakdown below $0.9580 could target:
TP1: $0.9450
TP2: $0.9300
Market Outlook:
With daily volume around 61K, momentum is cautious but reactive. Traders should watch for a decisive move out of this range to confirm the next trend direction.