$ERA BEARISH TREND CONTINUES – BUYERS STRUGGLING TO HOLD SUPPORT
ERA/USDT has been under steady selling pressure, dropping from highs near 0.9554 to test the 0.8500 support zone. Although a minor bounce has lifted price back to 0.8737, overall momentum remains weak. Unless the pair breaks above 0.8900, sellers are likely to stay in control with further downside risk.
Trade Setup:
Entry (Short): 0.8730 – 0.8800
Take Profit 1: 0.8550
Take Profit 2: 0.8350
Stop Loss: 0.8950
Market Outlook:
The short-term bias remains bearish as long as price trades below 0.8900. A breakdown under 0.8500 could trigger deeper declines toward fresh lows, while only a strong move above 0.9000 would signal a potential reversal. Traders should remain cautious of volatility spikes.
#ERA #CryptoTrading #Altcoins #Binance #TechnicalAnalysis
buy and trade here on $ERA