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Based on the 4-hour chart for ERAUSDT.P, price is currently consolidating near a major demand/support zone around 0.05990 - 0.06800, with recent bullish signals (CHoCH / Change of Character) popping up at the bottom.
Here is a structured trade setup based on the Smart Money Concepts (SMC) visual cues on your chart:
📈 Long Trade Setup: ERAUSDT.P
Entry Zone: 0.06650 – 0.07000 (Wait for a slight pullback into the demand block/consolidation area rather than chasing the current candle)
Stop Loss (SL): 0.05850 (Placed just below the labeled "Strong Low" at 0.05990 to give room for liquidity sweeps)
GENIUSUSDT is currently holding above a key support zone, showing signs of buyer strength after a prolonged downtrend. On the 1-hour chart, price action suggests a potential recovery as bullish momentum begins to build. The RSI is also trending upward, indicating increasing buying pressure.
A major resistance zone lies ahead, and a successful breakout above this area could open the door for further upside movement. However, traders should remain cautious, as failure to hold current support levels may lead to renewed bearish pressure.
Always do your own research (DYOR) and practice proper risk management before making any trading decisions.
📈 Stay patient, stay disciplined, and watch the breakout levels closely.
#BNB Surpasses 980 USDT with a 0.44% Increase in 24 Hours According to #Binance Market Data, BNB has crossed the 980 USDT benchmark and is now trading at 980.140015 $USDT , with a narrowed 0.44% increase in 24 hours.