š 4āHour Technical View $ERA
⢠Trend: Bearishāprice below the 4āhour moving average, forming lower highs.
⢠RSI: No bullish divergence on the 14āperiod RSIāno signs of a reversal forming ļæ¼.
⢠Volume: Declining on ralliesāsuggests continuing selling pressure.
ā¶ļø Probability outcomes (next 4āÆhrs):
⢠Down further: ~60%
⢠Sideways bounce: ~30%
⢠Strong rebound: ~10%
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šÆ What to Watch
⢠A bounce may occur near minor support (recent $1.25ā$1.30 zone).
⢠Rejection there likely resumes the downtrendāideal for short entries.
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Summary: On the 4āhour chart, $ERA is more likely to fall or consolidateāabout a 60% chance of further decline, 30% for a mild bounce, and just 10% chance for a strong recovery.
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