$ERA USDT short trade signal š š¦
BEARISH PRESSURE MOUNTS BELOW KEY SUPPORT LEVEL!
$ERA has lost momentum after failing to sustain above the $0.96 resistance and is now hovering near the $0.9412 zone. Price action suggests a potential breakdown as sellers reclaim control, especially with recent lower highs and pressure building near intraday support. If price slips below $0.9300, a sharp bearish move may unfold toward deeper demand levels.
š» Trade Setup: Short Position
Entry Zone: $0.9420 ā $0.9500
Take Profit Targets:
ā£ TP1: $0.9200
ā£ TP2: $0.9000
ā£ TP3: $0.8720
Stop Loss: $0.9610
Risk Level: Medium
š Market Outlook:
Momentum has shifted in favor of bears with decreasing volume on bounces and inability to reclaim critical resistance levels. As long as price remains under $0.96, bearish continuati on is favored. Breakdown below $0.9300 could trigger acceleration toward $0.90 and lower.