š„š¹ $ERA /USDT ā FROM CALM TO STORM? BIG MOVE LOADINGā¦ š¹š„
The $ERA /USDT pair is showing intriguing signs on the 4H chart, currently trading at $1.0361. After an extended downtrend, the market has shifted into a sideways-to-bullish consolidation, hinting at a potential momentum reversal.
Volume remains low but slightly increasing, especially near the $1.00 supportāa psychological and technical level thatās been holding firm. This uptick in activity suggests traders are quietly positioning themselves for the next significant move.
Resistance levels to watch:
$1.10 ā Minor resistance from early August; a key trigger point for bullish sentiment.
$1.20 ā MA99 zone and strong supply barrier.
$1.35 ā July pivot point.
$1.60 ā Pre-drop resistance cluster.
$1.85ā$2.00 ā The heavy resistance zone before the last major crash.
Support levels to defend:
$1.00 ā Critical support; losing this could invite selling pressure.
$0.95 ā Final defense before deeper pullback.
$0.88 ā The late July bottom.
š” Key Insight:
A sustained close above $1.10, backed by solid volume, could ignite a surge toward $1.20 and beyond. Without strong volume confirmation, however, price may remain trapped in its current sideways range.
$ERA is heating upāand traders should be ready before the spark turns into a fire.