$ERA/USDT a technical analysis of the ERA/USDT 15-minute chart based on the image you provided:
📊 Current Price: 0.9452 USDT
24h High: 0.9626
24h Low: 0.9145
RSI(6): ~51 → Neutral (neither overbought nor oversold)
🔍 Support and Resistance Levels
🛡️ Support Levels
$0.940 – $0.938
EMA(21) and EMA(50) are converging here
Previous consolidation zone
$0.914 – $0.918
24h low and strong bounce region
Tested multiple times with significant volume
🔺 Resistance Levels
$0.962 – $0.965
24h high rejection area
Also aligns with price drop zone after a spike
$0.988 – $0.990
Previous peak level (as seen on chart)
Likely next breakout zone if momentum continues
✅ Long Entry Setup
Entry Zone: $0.940 – $0.944
Stop-loss: Below $0.930
Targets:
🎯 $0.962
🎯 $0.975
🎯 $0.988
Reason: Price recently bounced from the $0.914 support and is forming a higher low structure.
🔻 Short Entry Setup
Entry Zone: $0.960 – $0.963
Stop-loss: Above $0.970
Targets:
🎯 $0.944
🎯 $0.930
🎯 $0.915
Reason: Strong rejection at resistance and RSI not in bullish zone, good for short scalps near resistance.