Trade setup for $ERA/USDT, currently at $1.2482:
🎯 First Target
$1.3380 – $1.3470
Breakout above $1.2695 would trigger this zone next, per Binance Square analysis.
🎯 Second Target
$1.4060 – $1.4150
Strong resistance lies here (~$1.4066) and is the next logical resistance level.
🎯 Final Target
$1.5900 – $1.6000
If momentum continues, the 1.59–1.60 range marks the next ceiling — aligns with daily highs at $1.5987–$1.6000.
⚙️ Risk Control Tips
Risk ≤ 1–2% of capital per trade; size according to entry–stop distance.
Stop‑Loss: Place below support at $1.2100, ideally near $1.2008, to guard against deeper pullback.
Enter using limit orders, preferably after rebound confirmation or MA retest (50/150‑EMAs near $1.238–$1.279).
After First Target hit, move stop to breakeven and trail below swing lows.
Confirm each breakout with rising volume—EMA support was backed by volume earlier.
Monitor MA alignment: 50‑period EMA ($1.508) show bullish bias.
Be alert for a drop below $1.2100, which could signal a deeper correction toward $1.2000–$1.1950.