📊 Professional analysis of currency $ERA – after a stunning price explosion:
From $0.20 → $1.90+ (+849%) within 24 hours, the opportunities are great but the risks are also high. Here’s a quick professional overview to help you make an informed decision:
🔍 Current situation:
✅ Price: $1.8995
🔥 Very high trading volume = strong momentum
🔼 The price has exceeded 8 times, which means a large part of the rise has been achieved
📐 Professional advice:
Don't chase peaks!
The best opportunities are:
During a healthy price correction
Or horizontal price consolidation before a new breakout
📈 Important levels:
Strong support: $1.60
Safe entry zone: $1.70 – $1.85 (if it bounces from there)
Critical resistance: $2.05
→ If it breaks it steadily, we might see:
🎯 Target 1: $2.10
🎯 Target 2: $2.45
🎯 Target 3: $2.90
Suggested stop loss: $1.55
🧠 Smart entry strategy:
Don’t enter directly now, but watch for consolidation above 1.85 or a bounce from 1.70–1.75.
You can split the entry into phases to reduce risk.
Don’t forget to monitor Bitcoin as any sudden drop in it may affect the overall momentum of the currency.
⚠️ Final reminder:
Currencies that rise 800% in one day often experience violent corrections afterward. Be smart, not emotional.
