#ERA GO for the short ......

๐Ÿ“Š Chart Summary:

Current Price: $1.5200

24h High / Low: $1.9456 / $0.8361

RSI(6): 39.17 (slightly oversold zone)

EMA 7 (Yellow): 1.5382

EMA 25 (Pink): 1.5834

Trend: Currently below both EMAs (Bearish Signal)

Recent Pullback: From $1.9456 down to current price, showing weakness

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๐Ÿ” Signal Analysis:

Indicator Interpretation

RSI < 40 Slightly oversold, but not yet reversal confirmed

Price < EMA(7) & EMA(25) Bearish pressure

Volume declining Weak follow-through on recovery

Bid/Ask spread Almost balanced (Slightly more sell orders โ€“ 51.48%)

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๐ŸŸข Long if:

Price reclaims $1.54โ€“$1.58 (above EMA 7 and EMA 25)

RSI starts climbing above 50

Bullish volume increases

> โš ๏ธ Not ideal for Long right now โ€” trend is still weak.

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๐Ÿ”ด Short is Better Now IF:

Price stays below $1.54

RSI continues to stay under 40

You set a stop-loss around $1.58 and target around $1.30โ€“$1.20 (short-term support)

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โœ… Conclusion: GO SHORT (with tight SL)

Market is showing bearish structure on short timeframe, price under EMAs, RSI weak, and no bullish confirmation yet.

Let me know if you'd like:

Support/resistance levels

Analysis on 1H or 4H chart

Auto-drawn trendlines or SL/TP targets