🔴🟢⚪️To analyze the $ERA /USDT chart using Fibonacci retracement levels and determine a stop-loss, we can follow these steps.

🔍 Step 1: Identify Key High and Low (Swing High & Swing Low)

From the 4H chart:

Swing Low (Recent Major Bottom): ≈ 1.19365

Swing High (Recent Peak): ≈ 1.57383

We'll draw Fibonacci retracement levels from 1.19365 (bottom) to 1.57383 (top).

📊 Fibonacci Retracement Levels

LevelPrice (Approx)

0.0%1.57383 (Top)

23.6%1.48654

38.2%1.41440

50.0%1.38374

61.8%1.35307

78.6%1.30521

100%1.19365 (Bottom)

✅ Current Price: 1.49985

The current price is above the 23.6% level, indicating strong bullish momentum.

This suggests a potential continuation of uptrend if support holds.

📉 Stop-Loss Placement

Conservative Stop-Loss:

Below 38.2% level: ~1.41000

Gives room for normal pullbacks but protects against deeper corrections.

Aggressive Stop-Loss:

Just below the 23.6% level: ~1.48000

Closer to the current price, tighter risk control.

🎯 Trading Strategy (Short-Term Swing)

If you’re in a long position (buying):

Entry: Already bought near current price.

Target 1: Retest of recent high ≈ 1.57383

Target 2: New high if breakout continues.

Stop-Loss:

Conservative: ~1.41000

Aggressive: ~1.48000

If planning to enter:

Wait for:

A pullback to 1.4865 (23.6%) as entry.

Or breakout above 1.5738 with volume.

🧠 Final Notes

MACD is showing bullish momentum (DIF > DEA).

Bollinger Bands show price riding upper band = strong momentum.

A brief correction (like a test of 1.48–1.41) is possible before another leg up.