$ERA Resistance Rejection... Sellers Taking Control...
$ERA — SHORT
TPs: 0.0670 | 0.0630 | 0.0600
Stoploss: 0.0770
Why this setup?
Because $ERA is facing a sharp pullback and retreating after failing to sustain its advance past the resistance near the 0.07896 high. Reviewing the indicators, the MACD shows negative momentum expanding with DIF at 0.00227, DEA at 0.00236, and MACD at -0.00009, while the RSI(6) at 52.15 confirms that buying energy is cooling down following the recent upward push. With selling pressure building, a continued downward correction is expected.
Trade here ⬇️
$ERA — SHORT
TPs: 0.0670 | 0.0630 | 0.0600
Stoploss: 0.0770
Why this setup?
Because $ERA is facing a sharp pullback and retreating after failing to sustain its advance past the resistance near the 0.07896 high. Reviewing the indicators, the MACD shows negative momentum expanding with DIF at 0.00227, DEA at 0.00236, and MACD at -0.00009, while the RSI(6) at 52.15 confirms that buying energy is cooling down following the recent upward push. With selling pressure building, a continued downward correction is expected.
Trade here ⬇️