$ERA USDT – SHORT-TERM BEARISH PRESSURE LOOMING
Price action shows a rejection near 1.0200 after a short recovery from the 0.9950 low. The failure to sustain above the psychological 1.0200 zone suggests sellers are regaining control, and a push back toward support levels is likely.
Trade Setup (Short):
Entry Zone: 1.0150 – 1.0200
Take Profit 1: 1.0050
Take Profit 2: 0.9950
Stop Loss: 1.0260
Market Outlook:
Momentum has weakened after the recent bounce, and lower highs are forming on the 15m chart. If buyers fail to defend the 1.0100 level, selling pressure could accelerate toward the 24h low.
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