๐ง $ERA /USDT โ Pressure Builds at the 99MA!
Is $ERA gearing up for a breakout or just catching its breath?
After reclaiming the short-term trend lines (7MA & 25MA), $ERA is now knocking on the door of the 99MA resistance around $0.935 on the 15-min chart.
๐ Current Snapshot:
โข Price: $0.9340
โข Short MAs reclaimed โ
โข 99MA: $0.9355 โ acting as a wall
๐งฉ Market Structure Update:
๐ข Bullish momentum building from $0.915
๐ข Clean higher lows forming
๐ก Stalled right at key resistance
๐ What to Watch Next:
A break and hold above $0.938 could trigger a rapid move toward:
โข ๐ฏ $0.950 โ first major supply zone
โข ๐ฏ $0.965 โ momentum may squeeze hard here
๐ป Downside Checkpoints:
โข $0.926 โ critical intraday level
โข $0.915 โ structure fails below this
๐ฏ Eyes on volume. Confirmation is king.
Breakout or fakeout? Itโs heating up. ๐ฅ