โ๏ธย $ERA ย /USDT 4H Technical Outlook
๐ buy and trade here ๐
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Current Price: $0.9523
๐ฏ Bullish Price Target
โ ย Target 1: $1.03
๐ Confidence: Moderate
โ ย Target 2: $1.17
๐ Confidence: Low to Moderate
๐ง Smart traders will scale out here
โ ย Target 3: $1.42
๐ Confidence: Low unless macro flips risk-on
Trend: Downtrend still dominant, but potential base forming
MA Analysis:
MA7 < MA25 < MA99 = Classic Bear Stack
Price is hovering near MA25 โ Reclaiming this is crucial for bulls
MA99 at $1.17 remains the ceiling
๐ 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 bullsโ first small win
เฅThis is a high-risk bounce trade โ ideal for scalping or quick gains. Not financial advice โ always DYOR! ๐
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