$ERA /USDT – Crucial Support & Major Resistance 📊
$ERA is trading at $1.0036, sitting below MA(7) $1.0289, MA(25) $1.0491, and MA(99) $1.0450, indicating short-term bearish pressure.
Crucial Support Levels:
Immediate support: $0.9948 (24h low)
Key support: $0.9380 (recent swing low) – losing this could trigger deeper downside.
Major Resistance Levels:
First resistance: $1.0289–$1.0491 (cluster of MA(7) & MA(25))
Major breakout resistance: $1.0452–$1.0450 (24h high & MA(99) zone)
Extended upside target if broken: $1.1910 (recent peak)
Conclusion:
For ERA to regain bullish momentum, it must first reclaim the $1.0450 zone. If price holds above $0.9948 support, a retest of that resistance band is possible. However, a breakdown below $0.9948 could lead to a sharper drop toward $0.9380.
