$ERA: Infrastructure Implosion Deepens! 💥📉
$ERA nosedives -7.67% through critical support! Volume collapse (1.06M vs 2.87M MA5) confirms distribution. Breakdown below $0.9468 opens path to $0.7524.
🔥 Key Levels
RESISTANCE: $0.9468 → $1.0462 (rejection ceiling)
SUPPORT: $0.7524 → $0.4408 (chart abyss)
⚡ Trade Setup – SHORT Opportunity
Entry Zone: $0.9400 - $0.9300 / $0.9100 (Breakdown)
Stop Loss: Above $0.9700 (Recovery guard)
TP1: $0.7524 (Liquidity zone)
TP2: $0.6000 (Psychological barrier)
TP3: $0.5000 (Panic dump target)
💡 Market Insight
Failed new listings often drop 50-70%. 1H RSI plunging below 30 = acceleration signal!