๐จ $ERA EYEING A BEARISH ORDER BLOCK RETEST BEFORE NEXT LIQUIDITY EXPANSION ๐
Entry: 0.06694 - 0.06748 โก
Target: 0.06182 - 0.05627 ๐ฏ
Stop Loss: 0.07047 ๐
Price action on the 1H timeframe maintains a clear bearish order flow, with the 0.06694โ0.06748 premium zone representing prime overhead supply. ๐ Institutional participants frequently seek buy-side liquidity in these unmitigated imbalances before continuing the primary trend downward.
๐ก Since price is currently displaced below the planned entry zone, patience is critical while waiting for a confirmed mitigation. Scaling partials down toward the 0.05627 macro pool provides exceptional asymmetry if sellers protect structure. ๐ฌ
Are you waiting for the retest into premium supply or stalking an earlier breakdown? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ERA #ShortSetup #PriceAction #SmartMoneyConcepts #Crypto
๐ฏ ๐ฆ
Entry: 0.06694 - 0.06748 โก
Target: 0.06182 - 0.05627 ๐ฏ
Stop Loss: 0.07047 ๐
Price action on the 1H timeframe maintains a clear bearish order flow, with the 0.06694โ0.06748 premium zone representing prime overhead supply. ๐ Institutional participants frequently seek buy-side liquidity in these unmitigated imbalances before continuing the primary trend downward.
๐ก Since price is currently displaced below the planned entry zone, patience is critical while waiting for a confirmed mitigation. Scaling partials down toward the 0.05627 macro pool provides exceptional asymmetry if sellers protect structure. ๐ฌ
Are you waiting for the retest into premium supply or stalking an earlier breakdown? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ERA #ShortSetup #PriceAction #SmartMoneyConcepts #Crypto
๐ฏ ๐ฆ