$ERA USDT – Buyers Are Back, But One Resistance Could Decide the Next Move!
ERA is showing renewed buying strength after recovering from $0.07883. Price is now trading around $0.08625, up 15.75% in 24 hours, with massive trading activity reaching 1.01B ERA in volume.
Looking at the 15-minute chart, the sharp drop from $0.09285 was followed by a recovery toward $0.08738. Sellers rejected that recovery, but buyers defended the $0.08300–$0.08430 area and pushed price back toward $0.08625. That reaction is worth watching.
**Trade Setup**
EP: $0.08550 – $0.08630
TP1: $0.08738
TP2: $0.09047
TP3: $0.09285
SL: $0.08380
**Bullish Scenario:** A confirmed 15-minute breakout above $0.08738 could give buyers room to challenge $0.09047. If momentum continues, the previous high at $0.09285 becomes the next major test.
**Bearish Scenario:** If ERA loses $0.08430, the recovery starts looking weak. A move toward $0.08121 could follow, while $0.07883 remains the important lower chart reference.
I'm watching the $0.08738 level closely. I want to see a proper breakout and successful retest before trusting another upward move. No need to chase every green candle.
Cash is a position. Protect your capital, respect your stop loss, and let the market confirm the setup.
Risk managed. Eyes on the targets. Let's go $ERA
Analysis based on the uploaded 15-minute chart. Targets and stop loss are proposed levels, not guaranteed outcomes.
#HotCPIDecemberHikePriced #AnthropicRejectsIPODelayValuationinQuestion #BitcoinFiveWeeklyLosses #CPITestsDecemberRateOutlook
ERA is showing renewed buying strength after recovering from $0.07883. Price is now trading around $0.08625, up 15.75% in 24 hours, with massive trading activity reaching 1.01B ERA in volume.
Looking at the 15-minute chart, the sharp drop from $0.09285 was followed by a recovery toward $0.08738. Sellers rejected that recovery, but buyers defended the $0.08300–$0.08430 area and pushed price back toward $0.08625. That reaction is worth watching.
**Trade Setup**
EP: $0.08550 – $0.08630
TP1: $0.08738
TP2: $0.09047
TP3: $0.09285
SL: $0.08380
**Bullish Scenario:** A confirmed 15-minute breakout above $0.08738 could give buyers room to challenge $0.09047. If momentum continues, the previous high at $0.09285 becomes the next major test.
**Bearish Scenario:** If ERA loses $0.08430, the recovery starts looking weak. A move toward $0.08121 could follow, while $0.07883 remains the important lower chart reference.
I'm watching the $0.08738 level closely. I want to see a proper breakout and successful retest before trusting another upward move. No need to chase every green candle.
Cash is a position. Protect your capital, respect your stop loss, and let the market confirm the setup.
Risk managed. Eyes on the targets. Let's go $ERA
Analysis based on the uploaded 15-minute chart. Targets and stop loss are proposed levels, not guaranteed outcomes.
#HotCPIDecemberHikePriced #AnthropicRejectsIPODelayValuationinQuestion #BitcoinFiveWeeklyLosses #CPITestsDecemberRateOutlook
