$ERA : Major Support Breakdown Confirmed on $ERA Higher Timeframes
SHORT SETUP ERA
Entry: $0.07850 - $0.07920
Stop Loss: $0.08200
Take Profit: $0.07255 (2R)
Key Levels: Support $0.06670 | Resistance $0.08030
Technical Analysis for $ERA : MACD is negative with the line under its signal and a -0.00097 histogram, while price sits beneath EMA9 (0.07813) and EMA21 (0.07686). ADX at 57.5 signals a strong trend. RSI sits near 50 and Stochastic is deepoversold, but bearish pressure dominates, pointing to a short bias near the 0.0789 resistance.
Market Context: BTC shows mixed 4h/1d trends but remains bullish overall; 66.5% of the market is green, indicating broadly positive sentiment.
SHORT $ERA
SHORT SETUP ERA
Entry: $0.07850 - $0.07920
Stop Loss: $0.08200
Take Profit: $0.07255 (2R)
Key Levels: Support $0.06670 | Resistance $0.08030
Technical Analysis for $ERA : MACD is negative with the line under its signal and a -0.00097 histogram, while price sits beneath EMA9 (0.07813) and EMA21 (0.07686). ADX at 57.5 signals a strong trend. RSI sits near 50 and Stochastic is deepoversold, but bearish pressure dominates, pointing to a short bias near the 0.0789 resistance.
Market Context: BTC shows mixed 4h/1d trends but remains bullish overall; 66.5% of the market is green, indicating broadly positive sentiment.
SHORT $ERA