🚨 $ERN /USDT Trading Signal – Volatility Alert!
Current Price: $1.843 (+42.32%)
24H High: $2.780 | 24H Low: $1.690
Volume: 37.41M – Significant recent activity
📊 Market Overview Huge Swing: ERN pumped from $1.69 to $2.78, then retraced to ~$1.84. Volatility: Price is fluctuating rapidly; watch for sudden moves. Possible Support Zone: $1.70 - $1.75 (recent low and psychological level). Resistance Zone: $1.90 - $2.00 (where selling pressure could re-emerge). 📈 Trade Setup
Pullback Entry
Buy Zone: $1.70 - $1.75 Rationale: A dip to this support could offer a better risk/reward if bulls step in again.
Breakout Entry
Trigger: Above $1.90 - $2.00 with strong volume Rationale: Confirms a potential rebound toward $2.20+ if momentum resumes.
Stop-Loss:
$1.60 – Below key support to protect against deeper drawdowns.
Take-Profit Targets:
$1.95 - $2.00 (Immediate resistance) $2.20 - $2.40 (If bullish momentum continues) ⚠️ Final Thoughts
ERN has seen a major price swing over the past 24 hours. Expect high volatility and use tight stop-losses to manage risk. A break above $2.00 could spark another rally, while failure to hold $1.70 may lead to further downside.
