Guys, I’m looking to open a BIG LONG on $ERA here. 👀
TP: $0.070
SL: No SL for now
Here’s why I’m watching this setup: there’s a strong pocket of short liquidity around $0.070–$0.072, while funding is already close to -2%. That suggests short positions are getting heavily crowded, which could create the conditions for a short squeeze.
I know $ERA can be pretty unpredictable, so I’m giving this trade more room instead of using a tight stop-loss. That doesn’t make it risk-free, though.
For now, $0.070 is my first target. Let’s see how the price plays out. 📈
$ERA
TP: $0.070
SL: No SL for now
Here’s why I’m watching this setup: there’s a strong pocket of short liquidity around $0.070–$0.072, while funding is already close to -2%. That suggests short positions are getting heavily crowded, which could create the conditions for a short squeeze.
I know $ERA can be pretty unpredictable, so I’m giving this trade more room instead of using a tight stop-loss. That doesn’t make it risk-free, though.
For now, $0.070 is my first target. Let’s see how the price plays out. 📈
$ERA