$ERA
🔻 ERAUSDT Analysis – Heavy Downtrend Continues! 🔻
🗓️ Date: 21 July 2025
📉 Trend: Aggressive Bearish Setup in Play
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🔍 Technical View:
ERAUSDT has been respecting a strong downtrend channel with lower highs and lower lows on the 4H and Daily timeframes.
After recent bounce attempts, price failed to hold above resistance and is likely to continue its downward spiral.
🧠 Risk-Reward Ratio: ~1:2+ — Highly favorable setup
🪓 Break of 1.00 psychological support will accelerate selling.
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🔥 Why This Trade?
✅ Strong rejection from supply zone
✅ Volume fading near resistance
✅ Bearish RSI divergence + EMA crossover
✅ Downtrend still intact with no bullish confirmation
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⚠️ What to Watch For:
• If price breaks and closes below 1.00, it could slide fast toward 0.83 and beyond.
• Keep SL strictly at 1.3100 to avoid fakeouts and liquidity traps.
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