$ERA Testing support after bullish channel breakout 📊
After a strong run inside its ascending channel, $ERA faced selling pressure near 1.0450, leading to a break below the channel and a retest of the 1.0270 support zone.
Currently, price is holding just above the EMA support, and if buyers step in, we could see a bullish rebound toward previous highs. However, a failure to hold above 1.0200 could signal further downside.
Trade setup:
Entry: above 1.0270 (confirmation on bullish candle)
TP1: 1.0350
TP2: 1.0450
TP3: 1.0520
Stop Loss: close below 1.0200 ❌
The ERA project continues to attract attention, and traders are watching this zone closely for the next momentum move.
