$ERA /USDT - Crucial Support, Resistance and Next Target
ERA is trading at $0.9119 (-5.38%), after hitting a 24h low of $0.8972. The token is under pressure, trading below key moving averages, with momentum indicators showing weakness. Buyers need to defend support to avoid deeper downside.
📊 Current Price: $0.9119
🔑 Support Levels
$0.897 – $0.890 → Immediate support zone, crucial for bulls to hold.
$0.870 – $0.860 → Next major support if breakdown continues.
🔑 Resistance Levels
$0.930 – $0.945 → First resistance zone (aligned with MA(25)).
$0.970 – $0.985 → Stronger resistance zone (aligned with MA(99)).
$1.00 – $1.015 → Psychological resistance and breakout level.
If ERA holds $0.897 support, a rebound towards $0.930–$0.945 is possible.
If it loses support, next targets are $0.870–$0.860.
📌 Key Watch: $0.897 support – if defended, expect short-term recovery.
📈 Short-Term Sentiment: Bearish but oversold, possible bounce ahead.