So, after watching the chart for quite some time, I’ve finally decided to short $ERA at the current price.
Take Profit: $0.0701
Stop Loss: $0.0751
Here’s why I’m shorting it.
$ERA has faced another rejection at $0.079, and the crash is still continuing. The trend also seems to be shifting as traders have started booking their profits.
And honestly, profit booking is necessary after a good pump.
Based on the current momentum, this short trade looks quite comfortable to me.
Take Profit: $0.0701
Stop Loss: $0.0751
Here’s why I’m shorting it.
$ERA has faced another rejection at $0.079, and the crash is still continuing. The trend also seems to be shifting as traders have started booking their profits.
And honestly, profit booking is necessary after a good pump.
Based on the current momentum, this short trade looks quite comfortable to me.