🚀 $ERA /USDT – Bulls Defending the Bottom!
$ERA has pulled back to retest the critical $0.846 support zone, following a steady decline from its recent $0.916 high. So far, buyers appear to be defending this level, hinting at a potential rebound if support holds. A bounce from here could see $ERA target a move back into higher ranges, with traders watching for a breakout above resistance.
📊 Key Technical Levels:
Strong Support: $0.846 – $0.850
Immediate Resistance: $0.873 – $0.880
Breakout Resistance: $0.904 – $0.916
💼 Trade Setup:
Aggressive Entry: $0.850 – $0.855 (accumulation at support)
Conservative Entry: On a breakout above $0.873
Targets:
🎯 TP1: $0.873
🎯 TP2: $0.904
🎯 TP3: $0.916
Stop Loss: Below $0.846 to limit downside risk
📉 Market Sentiment:
Neutral-to-bullish — cautious buying has emerged at the key support zone. A confirmed break above $0.873 could spark bullish momentum and shift control back to buyers.
⚠️ Pro Tip: Monitor volume on the 30m and 1h charts — a rebound without strong volume may lack conviction and fail to break key resistance.
🔥 Summary: Bulls are holding the line at $0.846. If volume and momentum pick up, could be gearing up for a breakout rally toward $0.916. Stay alert and manage risk accordingly.
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