$ERA USDT BEARISH RETEST ZONE — RELIEF RALLY OR FAKEOUT BEFORE FURTHER DUMP? 🔻
$ERAUSDT bounced from the 1.3143 low after a steep drop but is now approaching the 99MA resistance at 1.36. The short-term upmove looks corrective, not impulsive. With moving averages still sloping down and rejection likely near 1.36–1.37, this bounce could be a setup for another leg down unless bulls reclaim those key levels convincingly.
🔹Trade Setup (Short):
Entry Zone: 1.3500 – 1.3650
Target 1: 1.3200
Target 2: 1.2850
Stop Loss: 1.3800
📊 Market Outlook:
Momentum remains in favor of bears despite this temporary relief rally. Unless we see a strong reclaim above 1.37 with volume, the trend remains down. Be cautious of fake bullish moves within a broader bearish setup.
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buy and trade here on $ERA