$ERA /USDT 4H Trade Setup

Market Insight:

$ERA has surged over +635% in 24h, driven by a major listing catalyst and heavy volume. Price action is parabolic, with a new high near 2.0561 USDT, showing strong momentum. Caution: vertical rallies often retrace sharply.

🔹 Entry Zone:

1.60 – 1.75 USDT (pullback zone toward MA(7): 1.4952)

Aggressive entries near 1.82–1.90 can work with tight stops if momentum holds.

🎯 Targets:

Target 1: 2.15 USDT (recent top and breakout zone)

Target 2: 2.45 USDT (psychological & Fibonacci extension)

Target 3: 2.80 USDT (projected parabolic exhaustion level)

⛔ Stop Loss:

1.44 USDT (below recent support and MA(7))

Conservative stop: 1.32 USDT (previous consolidation high)

📌 Key Levels:

Support: 1.60 / 1.44 / 1.32

Resistance: 2.06 / 2.15 / 2.45

Pivot Level: 1.82 (midpoint of current consolidation range)

💡 Pro Tip:

If price retests 1.60–1.70 on decreasing volume and finds support, it offers a safer re-entry. Avoid chasing spikes above 2.00 without confirmation of continuation volume. Consider partial profit-taking above 2.15 due to increased volatility.

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