$ERA USDT – CONSOLIDATION ZONE ⚖️
FACING RESISTANCE NEAR EMA99 (1.2832) ⚠️
PRICE TRAPPED BETWEEN $1.2957 AND $1.2680 🔁
ERA is currently consolidating below the EMA99 level at $1.2832 after multiple failed attempts to break above $1.2957. The price is supported by the rising EMA25 ($1.2684) and EMA7 ($1.2773), suggesting accumulation in a tight range.
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📊 Trade Setup (Breakout Strategy):
• Entry Point:
• Long: $1.2850 breakout
• Short: $1.2650 breakdown
• Stop Loss:
• Long SL: $1.2700
• Short SL: $1.2800
• Take Profit:
• Long TP1: $1.2950 | TP2: $1.3170
• Short TP1: $1.2500 | TP2: $1.2340
• Margin: 2–3% of wallet
• Leverage: 10x
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Market Outlook:
Neutral bias as ERA trades sideways within a narrowing range. A confirmed breakout above $1.2830 or breakdown below $1.2680 will dictate the next directional move.
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