$ERA
💥💥ERA explodes +15% on massive volume💥💥..
Has the correction ended and the rally begun?
Technical analysis:
After a long sell-off, falling -82.65% in a year and reaching a low of **0.0571$**, the coin is exploding now:
Price: 0.0678$ (+15.11%)
Volume: 6.9M in a single 4-hour candle... the highest volume in days!
The 4-hour chart says it all: a clear break above the downtrend with a strong bullish engulfing candle.
Trading plan:
1. Entry opportunity: I won't enter at the top. I'll wait for a retest of the 0.0645 - 0.0655$ zone, the breakout area.
2. Targets:
First target: 0.0700$
Second target: 0.0727$
3. Stop-loss: A 4-hour close below **0.0610$**, because a break below this level invalidates the reversal scenario.
#ERA
#AMANDABELLA
#ETHDropsBelow2400USDT
#StrategySharesFall9%OnFriday
#OpenAIAgentTookFundsFromUnownedTestnetWallet
💥💥ERA explodes +15% on massive volume💥💥..
Has the correction ended and the rally begun?
Technical analysis:
After a long sell-off, falling -82.65% in a year and reaching a low of **0.0571$**, the coin is exploding now:
Price: 0.0678$ (+15.11%)
Volume: 6.9M in a single 4-hour candle... the highest volume in days!
The 4-hour chart says it all: a clear break above the downtrend with a strong bullish engulfing candle.
Trading plan:
1. Entry opportunity: I won't enter at the top. I'll wait for a retest of the 0.0645 - 0.0655$ zone, the breakout area.
2. Targets:
First target: 0.0700$
Second target: 0.0727$
3. Stop-loss: A 4-hour close below **0.0610$**, because a break below this level invalidates the reversal scenario.
#ERA
#AMANDABELLA
#ETHDropsBelow2400USDT
#StrategySharesFall9%OnFriday
#OpenAIAgentTookFundsFromUnownedTestnetWallet