๐จ $ERA /USDT โ Pullback or Prime Reversal Setup? โ๏ธ๐
$ERA just saw a sharp -11% drop, pulling back to the $1.30 zone. Is this a healthy correction before another leg upโor is bearish pressure mounting? Letโs dive in! ๐
๐ Market Overview
๐ Current Price: $1.3012
๐ 24h High: $1.4758
โ๏ธ 24h Low: $1.1716
๐ Parabolic SAR: $1.2472 (SAR now under price = reversal attempt underway)
๐ MACD Momentum:
DIF: -0.0223 (Bearish but curling upward)
DEA: -0.0365
MACD: 0.0284 (Momentum shifting โ early bull signs!)
๐ ERA Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If ERA holds above $1.28):
Entry: Above $1.31
Targets: $1.44, $1.54, $1.61+
Stop-Loss: $1.24
๐น Bearish Scenario (If ERA fails to hold $1.24 support):
Entry: Below $1.22
Targets: $1.17, $1.15, $1.09
Stop-Loss: $1.31
๐ Should You Hold or Sell?
โ Holding above $1.28 keeps the bounce scenario alive
โ MACD is recovering from oversoldโmomentum flipping
โ ๏ธ Breakdown below $1.22 opens up room for further downside
๐ก Pro Tip:
๐จ Watch for strong volume near $1.31โ$1.34โif price pushes past this zone, ERA could re-test $1.44+ quickly
๐ง Trail your stops closely if entering post-drop recovery plays
๐ข Whatโs your game plan for $ERAโbuying the dip or waiting for confirmation? Drop a comment!
๐ฅ LIKE & SHARE if you want more infrastructure token trade setups! ๐