$ERA USDT short trade signal šŸ›‘ 🚦

REJECTION AT MAJOR RESISTANCE SIGNALS POTENTIAL BEARISH REVERSAL

Price is struggling to break through the strong resistance zone around 1.0479, with multiple rejections indicating seller dominance. Momentum shows signs of exhaustion after an extended rally, increasing the probability of a corrective move towards lower support zones in the short term.

Trade Setup:

Entry Zone: 1.0440 – 1.0465

Take Profit 1: 1.0250

Take Profit 2: 1.0150

Take Profit 3: 1.0050

Stop Loss: Above 1.0480

Market Outlook:

Bulls are losing steam near the resistance ceiling, while bears are positioned to capitalize on the overextended push. A sustained close below 1.0440 could trigger a sharper pullback, with downside momentum likely to accelerate toward the key support levels.

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