Trading Signal $ERA /USDT - Ongoing Recovery After a Dip (15-Minute Chart)
Market Overview:
Current Price: $0.9991
24-Hour High: $1.0236
24-Hour Low: $0.9145
Structure: Short-term correction followed by a higher low formation and potential continuation of the uptrend
Trading Setup: Buy
Entry Range: $0.9900 - $1.0000
Stop Loss: $0.9720
Take Profit Targets:
First Profit Target: $1.0150
Second Profit Target: $1.0300
Third Profit Target: $1.0500
Analysis:
$ERA is attempting to recover after a strong decline from its recent high. The price is stabilizing near the psychological level of $1.00. A confirmed breakout above this range could lead to a new upward wave. Monitor strong trading volume and confirm price action before entering the trade.