$ERA/USDT BEARS PRESSURING AFTER FAILED RECOVERY – WATCH 1.0700 SUPPORT
ERA is trading at $1.0740, slipping below both the 7 MA and 25 MA on the 1H chart after failing to sustain momentum from the $1.1910 high. Short-term sentiment is turning bearish, with sellers targeting a breakdown if $1.0700 gives way.
Trade Setup (Short-Term Short):
Entry: $1.0720 – $1.0780
Take Profits: $1.0600 / $1.0500 / $1.0400
Stop Loss: $1.0860
Market Outlook:
Momentum is weakening as price struggles to hold above key short-term supports. A clean break below $1.0700 could open the path for a deeper retracement toward $1.05. Bulls must reclaim $1.0850 to regain control.
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buy and trade here on $ERA