$ERA USDT BEARISH SETUP INDICATING FURTHER DOWNSIDE PRESSURE
$ERA USDT is facing strong resistance near 1.05-1.06 and has been rejected from its recent high, signaling bearish momentum. The price is testing critical support around the 1.00 level, suggesting sellers remain dominant in the short term.
SHORT ENTRY
Enter short positions near the resistance zone of 1.05 to 1.06 to capitalize on expected downward movement.
TARGETS (TP)
TP1: 1.00 – key psychological support level
TP2: 0.9950 – next support area for extended downside
STOP LOSS (SL)
Place stop loss above 1.07 to protect against unexpected bullish breakouts.
RISK MANAGEMENT
Risk only 1-2% of your capital per trade. Maintain a risk-to-reward ratio of at least 1:2 to optimize potential returns while minimizing losses.
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