$ERA Short setup: the new high got rejected, the inducement below is the target
Short
Entry 0.08128
Stop loss 0.09101
TP 0.06182
ERA is among the top gainers on Binance futures, +22% in 24h, after a 48% push from 0.05627 over 5 days. The pullback inside it was about 76% of the leg and left 0.06182 as the inducement low. It poked above 0.07896 by just 5.6% and rolled over. 0.06182 is still sitting there as the draw. Taking the short from 0.08128, stop 0.09101, target 0.06182 where the inducement sits. About 1:2.
DYOR.
Overview
Market cap: 14.3M USD (+22.8% in 24h)
24h volume: 50.5M USD
Circulating supply: 174.75M of 1.00B (17%)
Top 2 holders hold 100.0% of the supply (burn / dead wallets excluded)
#ERA #CryptoTrading #FuturesTrading
Short
Entry 0.08128
Stop loss 0.09101
TP 0.06182
ERA is among the top gainers on Binance futures, +22% in 24h, after a 48% push from 0.05627 over 5 days. The pullback inside it was about 76% of the leg and left 0.06182 as the inducement low. It poked above 0.07896 by just 5.6% and rolled over. 0.06182 is still sitting there as the draw. Taking the short from 0.08128, stop 0.09101, target 0.06182 where the inducement sits. About 1:2.
DYOR.
Overview
Market cap: 14.3M USD (+22.8% in 24h)
24h volume: 50.5M USD
Circulating supply: 174.75M of 1.00B (17%)
Top 2 holders hold 100.0% of the supply (burn / dead wallets excluded)
#ERA #CryptoTrading #FuturesTrading