$ERA — BULLS TESTING RESISTANCE, CAN THEY BREAK THE CEILING?
$ERA is showing signs of recovery after bouncing from $0.9056, with buyers pushing price back above short-term moving averages. However, resistance near $0.9260–$0.9400 is proving stubborn. A clean breakout above this zone could trigger a stronger bullish leg, while failure may lead to another pullback.
Trade Setup (Short-Term)
Type: Long
Entry: $0.9220 – $0.9250
Target 1: $0.9300
Target 2: $0.9390
Stop Loss: $0.9150
Market Outlook:
Momentum has shifted slightly in favor of the bulls, but the market still needs strong volume to confirm an uptrend. Watch for a decisive break above $0.9400 to open room for extended gains.
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