Market Insight:

$ERA /USDT has surged over 670%, with volume exceeding $430M, marking it as a top gainer. The price is currently consolidating after hitting a high of 2.0561, with some rejection near MA(7) and MA(25), signaling potential short-term correction or range formation.

Entry Zone:

🔹 1.33 – 1.55 USDT

Ideal area for re-entry on a healthy pullback, near the MA(25) and prior breakout region.

Targets:

🎯 1.74 USDT – Mid-range resistance (prior support flipped).

🎯 2.05 USDT – Recent high and strong resistance zone.

🎯 2.15+ USDT – Potential continuation breakout if momentum resumes.

Stop Loss:

🔻 1.20 USDT

Below structural support and the 1.33 level. A break here may invalidate bullish momentum.

Key Levels:

Support: 1.33 / 1.20 / 0.92

Resistance: 1.74 / 2.05 / 2.15

Pivot Zone: 1.55 (MA(7) confluence)

Pro Tip:

If ERA retests 1.33–1.40 with decreasing volume, it may offer a low-risk re-entry. Watch for a bullish engulfing candle or volume spike for confirmation.

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