$ERA USDT short trade signal 🚦 🛑
SHORT TRADE SIGNAL – DEAD CAT BOUNCE BEFORE FURTHER DROP 🔴
$ERAUSDT has bounced from the 1.1575 low, but this recovery looks weak and unsustainable as it faces heavy resistance near 1.2200. Price action suggests a classic bearish retest of the breakdown zone. Unless bulls reclaim above 1.2350, this bounce is likely to fade with fresh downside momentum kicking in soon.
📉 Trade Setup:
Entry Zone: 1.1950 – 1.2050
Take Profit 1: 1.1600
Take Profit 2: 1.1300
Take Profit 3: 1.1120
Stop Loss: 1.2360
Leverage: 10x
Margin: 2–3% of wallet
📊 Market Outlook:
Trend remains bearish with lower highs and lower lows. Volume surged on the breakdown and faded during the recovery – a typical sign of weakness. Watch for rejection near 1.22–1.23 and prepare for continuation to the downside.
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buy and trade here on $ERA