Sell trading signal on pair $ERA USDT 🛑 🚦
Bearish breakdown from the resistance area 🔻
The $ERA pair shows rejection from the supply zone 1.2691-1.2896, triggering a short-term bearish trend. The price has failed to hold above the main resistance level and is now losing momentum, indicating a deeper pullback towards support levels.
🔴 Sell signal
Entry zone: 1.2630 - 1.2690
Take profit:
• TP1: 1.2249
• TP2: 1.2163
• TP3: 1.2160
Stop loss: 1.2896
Leverage: 10x
Risk: 2-3% of capital
📉 Market outlook:
The price is consolidating near the resistance level with the appearance of repeated rejection wicks, indicating the fading strength of the bullish trend. A break below the 1.2600 level may trigger sharp bearish momentum. Watch for a continuation of the downward trend below the 1.2500 level.