$ERA /USDT BEARISH SETUP AFTER FAILED BREAKOUT 🔻⚠️
$ERA is facing heavy selling pressure after rejection near key resistance. 📉 A breakdown below support could trigger a further decline! Time to stay cautious and prepare for a short setup.
📌 Current Price: $1.1239
🔼 Resistance Levels:
$1.2026 (Recent Lower High)
$1.2488 (Major Resistance)
$1.2951 (Supply Zone)
🔽 Support Levels:
$1.1196 (Immediate Support – MA7)
$1.0500 (Next Demand Zone)
$1.0000 (Psychological Round Level)
🔥 SHORT TRADE SETUP 🧨
📍Entry Zone: $1.1200–$1.1500 (on bounce rejection or breakdown retest)
🎯 Targets:
TP1: $1.0500
TP2: $1.0000
TP3: $0.9200 (Aggressive Target)
🛑 Stop Loss: $1.2026 (above recent high)
🧠 Risk Management:
✅ Risk only 1–2% of your capital
✅ Always use a stop loss
✅ Trail SL after TP1 to lock in gains
✅ Avoid over-leveraging in volatile zones 💥
⚠️ Momentum fading below all key MAs (7, 25, 99) = Bearish trend confirmation. Trade smart, not emotional! 💣📉
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