$ERA /USDT – Bulls Are Fighting Back, But Can They Reclaim $0.0880?
$ERA is showing strong recovery momentum after bouncing from the $0.0777 low. Price is currently trading around $0.0852, up 14.82% in 24 hours, with trading volume reaching 163.87M ERA. Buyers managed to push the price toward $0.0939 before sellers stepped in and forced a sharp correction.
What caught my attention is the recovery after that sell-off. ERA climbed back toward $0.0880, but the latest candles show another rejection. This tells me buyers still have work to do before the next bullish move can be trusted.
Trade Setup
EP: $0.0845 – $0.0855
TP1: $0.0876
TP2: $0.0911
TP3: $0.0939
SL: $0.0835
Bullish Scenario: If ERA holds the $0.0840–$0.0850 support area and reclaims $0.0876 with a confirmed 15-minute close, the next move could target $0.0911 and potentially retest $0.0939.
Bearish Scenario: A confirmed breakdown below $0.0840 could weaken the recovery and bring $0.0805 back into focus. Losing that level would put further downside pressure on the structure.
I'm watching $0.0876 closely. A clean breakout with a successful retest would give buyers a stronger case. Until then, I won't chase the move.
Cash is a position. Protect your capital and let confirmation lead the trade.
Risk managed. Eyes on the targets. Let's go $ERA
#CPITestsDecemberRateOutlook #HotCPIDecemberHikePriced #AnthropicRejectsIPODelayValuationinQuestion
$ERA is showing strong recovery momentum after bouncing from the $0.0777 low. Price is currently trading around $0.0852, up 14.82% in 24 hours, with trading volume reaching 163.87M ERA. Buyers managed to push the price toward $0.0939 before sellers stepped in and forced a sharp correction.
What caught my attention is the recovery after that sell-off. ERA climbed back toward $0.0880, but the latest candles show another rejection. This tells me buyers still have work to do before the next bullish move can be trusted.
Trade Setup
EP: $0.0845 – $0.0855
TP1: $0.0876
TP2: $0.0911
TP3: $0.0939
SL: $0.0835
Bullish Scenario: If ERA holds the $0.0840–$0.0850 support area and reclaims $0.0876 with a confirmed 15-minute close, the next move could target $0.0911 and potentially retest $0.0939.
Bearish Scenario: A confirmed breakdown below $0.0840 could weaken the recovery and bring $0.0805 back into focus. Losing that level would put further downside pressure on the structure.
I'm watching $0.0876 closely. A clean breakout with a successful retest would give buyers a stronger case. Until then, I won't chase the move.
Cash is a position. Protect your capital and let confirmation lead the trade.
Risk managed. Eyes on the targets. Let's go $ERA
#CPITestsDecemberRateOutlook #HotCPIDecemberHikePriced #AnthropicRejectsIPODelayValuationinQuestion
