$ERA Breakdown or Bounce – Watch This Crucial Zone!

ERA is hovering near $1.23 after a steep drop, facing rejection from the $1.25 zone. Bulls are trying to reclaim momentum, but the chart shows indecision and rising volume near support.

Key Price Levels to Watch:

Resistance Levels:

• $1.25 – First short-term breakout test

• $1.28 – Mid-range resistance

• $1.32 – Major recovery zone

Support Levels:

• $1.22 – Current structure base

• $1.20 – Breakdown line for further selloff

Trade Setup – Breakout or Breakdown Ahead

Bullish Case:

A breakout above $1.25 could trigger upside towards:

• Target 1: $1.28

• Target 2: $1.32

Bearish Case:

Failure to hold $1.22 may drag ERA toward:

• Target 1: $1.20

• Target 2: $1.16

Stay alert – volume is spiking, and price action is tightening near critical levels. Next candle could decide the trend.

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