#BinanceHODLerERA 【FOMO Alert】ERA Violent Rebound After 7% Overreaction! $1.26 Life and Death Line, Missed It and Wait a Year?
One-Sentence Overview: ERA 24h net fund outflow of 2.39M, positions have decreased for 11 consecutive days, but the HVN at 1.23-1.27 has become the last bastion for bulls; current price 1.2586, just touching the lower Bollinger Band + 70% trading volume lower edge, short-term can aim for a rebound to 1.50 POC, if it falls below 1.22 then the trend turns bearish.
Key Interval Structure
• Value Anchor: POC = 1.499, with 239 million transactions accumulated above, serving as the mid-term bullish target.
• HVN Buffer: 1.243-1.263, 1.499-1.519, support on pullback / resistance on decline.
• LVN Gap: 1.971-2.05 thin trading, once it breaks 2.0 with volume it will accelerate.
• 70% Trading Volume Zone: 0.20-1.85, current price is in the lower part of the range, not overbought.
• Momentum: Up Volume 75% in the 1.24-1.27 area, short-term buyers are active.
Auxiliary Indicators
• MA200: 1.355, deviation -7.1%, still bearish in the mid-term; Bollinger 1h bandwidth 4.5%, narrowing, waiting for direction choice.
• Positions: 24h OI -10.97%, clear deleveraging, chip cleaning is beneficial for rebound.
• Market Depth: Near-term buy orders are 39,781, with huge sell orders at 2.0 and 1.49, short-term selling pressure concentrated.
Market Cycle
In the “sharp drop followed by a consolidation bottoming” phase, if the 1.22-1.27 range holds, there is a chance to enter a mid-term rebound; if lost, it will return to the bearish downward channel.
Trading Strategies
Aggressive: Buy on pullback inside HVN at 1.243, stop loss at 1.227 (-1.3%), target 1.499, risk/reward ratio ≈ 19.7
Conservative: Wait for the 15m closing price to stabilize above 1.263 before chasing long, stop loss at 1.239, target 1.450, risk/reward ratio ≈ 7.9
Cautious: Short on rebound below 1.22, stop loss at 1.244, target 1.15, risk/reward ratio ≈ 3.1
Risk Warning
• Continuous net outflow in the spot market, if it breaks 1.22 with increased volume, the range logic will fail.
• Huge sell orders above 2.0, a breakout must be accompanied by ≥1.5 times average volume, otherwise, it's a false breakout.
• Individual risk ≤1%, avoid high funding periods.
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