$ERA is showing a bullish bias with strong support building around $0.042 and resistance holding near $0.057. Buyers are defending dips well, but the resistance zone is proving sticky.
Fibonacci Levels:
After retracing from its recent high, $ERA is holding the 0.618 retracement zone ($0.044–$0.046) as support. A clean breakout above $0.057 could unlock the 0.786 level ($0.062–$0.064), a crucial test for further upside.
RSI:
Current RSI sits around 58, leaning bullish but not overheated. This suggests momentum is healthy, leaving room for another leg up without immediate risk of exhaustion.
Entry Zones:
Safer Entry: Around $0.044–$0.046 (bounce from 0.618 Fib support)
Aggressive Entry: On a confirmed breakout above $0.057 resistance
Take-Profit Zones:
TP1: $0.062 (0.786 Fib + near-term supply zone)
TP2: $0.072 (extension target if momentum accelerates)
Stop-Loss Ideas:
Conservative SL: Below $0.042 (structural support invalidation)
Tight SL: Just under $0.045 (to limit downside risk on quick swings)
📈 Overall, $ERA looks primed for continuation if resistance breaks, but patience around key levels will make all the difference.
