Guys, Iâm looking to open a BIG LONG on $ERA here. đ
TP: $0.070
SL: No SL for now
Hereâs why Iâm watching this setup: thereâs a strong pocket of short liquidity around $0.070â$0.072, while funding is already close to -2%. That suggests short positions are getting heavily crowded, which could create the conditions for a short squeeze.
I know $ERA can be pretty unpredictable, so Iâm giving this trade more room instead of using a tight stop-loss. That doesnât make it risk-free, though.
For now, $0.070 is my first target. Letâs see how the price plays out. đ
$ERA
TP: $0.070
SL: No SL for now
Hereâs why Iâm watching this setup: thereâs a strong pocket of short liquidity around $0.070â$0.072, while funding is already close to -2%. That suggests short positions are getting heavily crowded, which could create the conditions for a short squeeze.
I know $ERA can be pretty unpredictable, so Iâm giving this trade more room instead of using a tight stop-loss. That doesnât make it risk-free, though.
For now, $0.070 is my first target. Letâs see how the price plays out. đ
$ERA