$ERA Testing Support – Breakout or Breakdown Ahead?
$ERA is currently trading at $0.8425, consolidating near recent lows after sustained selling pressure. Price action is sitting on a key demand area, and the next breakout or breakdown will decide the short-term direction.
Key Levels to Watch
• Resistance: $0.8500 – $0.8600 → A breakout above this range could trigger a relief rally.
• Support: $0.8420 – $0.8250 → A breakdown below this zone may open deeper downside.
Trade Setup – Prepare for Volatility
Bullish Entry:
• A confirmed move above $0.8500 may target:
• Tip 1: $0.8600
• Tip 2: $0.8700
Bearish Entry:
• A breakdown below $0.8420 could target:
• Tip 1: $0.8350
• Tip 2: $0.8250
$ERA is trading at a make-or-break level. Bulls must defend $0.8420 to avoid further downside. Watch for strong volume confirmation before entering either side.