$ERA 🚀 BULLISH MOMENTUM 🚀

Typical price structure for ERA suggests consolidation near key swing zones. Visualization would likely show the token navigating between defined support and resistance levels, setting the stage for Fibonacci retracement application.

Fibonacci Retracement Levels

Assuming the following swing points:

Swing Low: ~$0.90

Swing High: ~$1.40

We derive these key retracement and extension zones:

Fibonacci Level Price (USDT)

38.2% Retracement ~$1.14

50.0% Retracement ~$1.15

61.8% Retracement ~$1.17

100% (Breakout Level) ~$1.40

127.2% Extension ~$1.55

161.8% Extension ~$1.70

ERA currently trades near the 50–61.8% retracement area, a typical "golden pocket" for trend continuation or reversal.

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ERA Trading Strategy

Pullback Long (Conservative Entry)

Entry Range: $1.14 – $1.17

Stop-Loss: Below $1.12

Targets:

T1: ~$1.40 (swing high)

T2: ~$1.55 (127.2% extension)

T3: ~$1.70 (161.8% extension)

Strategy Summary Table

Strategy Type Entry Range Targets Stop-Loss

Pullback Long $1.14 – $1.17 $1.40 → $1.55 → $1.70 < $1.12

Breakout Long > $1.40 $1.55 → $1.70 → ~$1.80+ < $1.16

Rejection Short ~$1.40 Back to $1.15 – $1.14 > $1.45

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Tips & Risk Management

Confirm trades with volume surges, RSI, or MACD signals around key levels.

Limit risk to 1–2% of trading capital per trade, adjusting position sizing accordingly.

Combine Fibonacci zones with trendlines or candlestick confirmation to reinforce strategy reliability.

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