$ERA

/USDT – Short Trade Signal.!🔴

$ERA has dumped sharply from 2.20 to 1.21 and is now in a dead cat bounce phase. Price is struggling to reclaim the 1.25–1.30 zone after a failed listing pump.

Current Price: 1.2390

24h High: 1.5247

24h Low: 1.2171

Trend: Strongly bearish, likely to retest lows or break lower.

Short Entry Zone:

1.24 – 1.28 (ideal rejection zone on bounce)

Targets:

1. 1.20

2. 1.12

3. 1.00 (psychological breakdown if panic resumes)

Stop-Loss:

1.305 (above bounce high)

Tight SL: 1.285 for scalpers

Technical Notes:

– Weak bounce despite major dip → no strong recovery buyers

– Heavy sell volume, and price is near 1.20 breakdown support

– Failed to reclaim 1.30 = likely more downside

Entry Trigger:

Look for a 15m candle rejection below 1.25 or failure to hold 1.23. Confirm with volume drop.

Avoid shorting if price reclaims and holds above 1.31 with strength.

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