📊 $ERA /USDT – Price Analysis & Trade Setup
ERA is currently trading at $0.9327 (-6.53%), showing a clear pullback after failing to sustain above the $1.0032 daily high. The decline has brought price closer to the strong support zone at $0.9000, which has acted as a key reversal point in previous sessions.
🔍 Technical Insights
Resistance Levels: $0.9880 → $1.0197 → $1.0442 (major breakout zone at $1.0515)
Support Levels: $0.9000 (key psychological level) → $0.8927 (last defense for bulls)
Trend: Short-term bearish, but oversold signals are starting to appear, suggesting a possible bounce if $0.9000 holds.
Volume: 9.31M ERA traded, showing active participation during the drop — potential for volatility spikes.
📈 Long Setup (Bounce Play)
Entry: $0.9050 – $0.9150
TP1: $0.9560
TP2: $0.9880
Stop Loss: $0.8900
📉 Short Setup (Breakdown Play)
Entry: Below $0.8950 after confirmed candle close
TP1: $0.8800
TP2: $0.8600
Stop Loss: $0.9050
⚡ Insight: Watch the $0.9000 level closely — it’s the turning point. Holding above could trigger a relief rally; a breakdown could open doors for a deeper correction.