$ERA is trading at $0.9299, recovering from a sharp drop to the intraday low of $0.9000. The price is trying to stabilize after facing heavy selling pressure.
*Trade Setup:*
- *Entry Zone:* $0.9250 - $0.9300
- *Profit Targets:*
- *TP1:* $0.9335
- *TP2:* $0.9400
- *TP3:* $0.9500
- *Stop Loss:* $0.9125
*Key Levels:*
Sustaining above $0.9175 is crucial to encourage further bullish momentum. A breakout above $0.9400 with strong volume could trigger a quick rally towards $0.9500+ zone.
*Breakout Potential:*
If buyers step in strongly, $ERA could turn this rebound into a short-term breakout opportunity. However, failure to hold $0.9175 may invite another retest of $0.9000 support. Keep an eye on volume spikes around $0.9400 for potential gain.