Trade setup for $ERA/USDT, currently at $1.2482:
đŻ First Target
$1.3380 â $1.3470
Breakout above $1.2695 would trigger this zone next, per Binance Square analysis.
đŻ Second Target
$1.4060 â $1.4150
Strong resistance lies here (~$1.4066) and is the next logical resistance level.
đŻ Final Target
$1.5900 â $1.6000
If momentum continues, the 1.59â1.60 range marks the next ceiling â aligns with daily highs at $1.5987â$1.6000.
âïž Risk Control Tips
Risk â€âŻ1â2% of capital per trade; size according to entryâstop distance.
StopâLoss: Place below support at $1.2100, ideally near $1.2008, to guard against deeper pullback.
Enter using limit orders, preferably after rebound confirmation or MA retest (50/150âEMAs near $1.238â$1.279).
After First Target hit, move stop to breakeven and trail below swing lows.
Confirm each breakout with rising volumeâEMA support was backed by volume earlier.
Monitor MA alignment: 50âperiod EMA ($1.508) show bullish bias.
Be alert for a drop below $1.2100, which could signal a deeper correction toward $1.2000â$1.1950.