$ERA Testing the Breakout Zone – Will It Fly or Fail?
$ERA is holding above $1.26 after bouncing from intraday lows. Price is hovering near a key decision point, and traders are watching for a confirmed breakout or a fakeout rejection.
Key Levels to Watch
Resistance: $1.2750 – A successful breakout here could fuel a rally toward:
• Target 1: $1.2850
• Target 2: $1.2950
Support: $1.2600 – Losing this zone may open downside toward:
• Target 1: $1.2450
• Target 2: $1.2175
Volume is holding steady, but bulls need follow-through. Watch for a clear move above resistance with strong volume to confirm the trend.
Stay ready — this zone could launch the next leg or trap late entries!