$ERA is sitting in a leverage trap right now. 👀
Around $0.069, liquidation levels are stacked on both sides. Below, $0.067–$0.065 is loaded with longs, while shorts are building heavily around $0.075–$0.080.
My read: one side probably gets swept before the next clean move. If $0.067 holds, I’d keep an eye on a squeeze back toward $0.075+.
Around $0.069, liquidation levels are stacked on both sides. Below, $0.067–$0.065 is loaded with longs, while shorts are building heavily around $0.075–$0.080.
My read: one side probably gets swept before the next clean move. If $0.067 holds, I’d keep an eye on a squeeze back toward $0.075+.