$ERA Breakout or Exhaustion Near Resistance?
ERA is currently trading at $0.9492, showing signs of strong recovery after a recent dip. Price is hovering near the upper boundary, but with lower volume on recent candles, it’s unclear whether a breakout or pullback will take control next.
Key Levels to Watch
Resistance: $0.9600 – A clean break above this level may push ERA toward $0.9700 and $0.9850
Support: $0.9400 – A rejection here could send price down to $0.9300 and potentially $0.9150
Trade Setup – Range Tightening, Move Incoming
Bullish Entry: Break and close above $0.9600
• TP1: $0.9700
• TP2: $0.9850
Bearish Entry: Rejection with drop below $0.9400
• TP1: $0.9300
• TP2: $0.9150
ERA is consolidating under key resistance. A confirmed move on either side will dictate momentum. Traders should stay cautious and wait for clear signals before entering.