⚙️ $ERA /USDT 4H Technical Outlook
Current Price: $0.9599
Trend: Downtrend still dominant, but potential base forming
MA Analysis:
MA7 < MA25 < MA99 = Classic Bear Stack
Price is hovering near MA25 → Reclaiming this is crucial for bulls
MA99 at $1.17 remains the ceiling
📈 Key Observations
After a long bleedout, sideways consolidation formed around $0.90
Multiple wicks below $0.90 were bought up = early signs of accumulation
Slight breakout above MA25 is bulls’ first small win
🎯 Bullish Price Target
✅ Target 1: $1.03
🔹 Psychological barrier (whole dollar)
🔹 Matches minor resistance zone + recent swing high
🔒 Confidence: Moderate
✅ Target 2: $1.17
🔹 MA99 resistance zone
🔹 This is the final boss before true momentum resumes
🔒 Confidence: Low to Moderate
🧠 Smart traders will scale out here
✅ Target 3: $1.42
🔹 Full bullish recovery target
🔹 Needs volume surge + BTC cooperation
🔒 Confidence: Low unless macro flips risk-on