Long‑trade setup for $ERA /USDT Current Price: $0.9393
Support Level:
Strong support around $0.93, just below the 99‑period moving average (MA)
If broken, next major support sits at $0.95, then down to $0.80 for a deeper flush.
Resistance Level:
Near-term resistance at $0.938–$0.9355 (99‑MA)
Breakout targets toward $0.95, then $1.06–$1.10, with upside to $1.20+ if momentum builds.
Trade Targets:
• TP1: $0.95
• TP2: $1.06
• TP3: $1.10+
Stop Loss:
$0.925 just below key support zone to limit losses.
Risk:
Keep risk ≤ 2% of capital. Enter only after volume confirmation or RSI divergence. Technical summary favors sell on MAs but mixed on oscillators, so use tight management.