🚀 $ERA /USDT 4H Trade Setup
Market Insight:
$ERA has exploded +684.60% in 24h, now trading at 1.5692 after reaching a peak of 2.0561. This is a parabolic move, driven by heavy volume (282M USDT) and momentum. While such moves often retrace sharply, they can also offer powerful continuation trades if key support levels hold.
🔍 Entry Zone:
Buy between: 1.500 – 1.620
(Wait for a retest or base to form — avoid buying extended spikes)
🎯 Targets:
Target 1: 1.740 (first resistance zone from recent structure)
Target 2: 2.050 (previous high)
Target 3: 2.200 (extension/fresh breakout target)
🛡️ Stop Loss:
SL: 1.320
(Below prior consolidation and last major swing low)
🔑 Key Levels:
Support: 1.332 / 1.200 / 0.923
Resistance: 1.740 / 2.056 / 2.200
Pivot Range: Unavailable (MA values not yet stabilised due to volatility)
💡 Pro Tip:
For parabolic plays like ERA, risk management is crucial. Consider using trailing stops or booking partial profits at each target. If price reclaims 2.05 on volume, expect aggressive continuation — but only on strong 4H candle closes.
#BinanceHODLerERA #PowellVsTrump #AltcoinSeasonLoading #BTCWhaleTracker #BTC120kVs125kToday