$ERA is showing signs of bearish rejection after a powerful 27% rally, with a sharp upper wick near $0.09116 indicating strong selling pressure. The 1H chart suggests a potential short-term correction following the explosive breakout.
Trading Plan Short $ERA 🔴
Entry: $0.0790–$0.0805
SL: $0.0918
TP: $0.0760
TP: $0.0727
TP: $0.0680
The rejection from $0.09116 suggests profit-taking at higher levels. A confirmed 1H close below $0.0790 would strengthen the bearish outlook, potentially pushing price toward $0.0727 and $0.0680 support. A breakout above $0.0918 invalidates this setup. Volatility remains elevated, so confirmation is essential.
Trade $ERA here 👇
Trading Plan Short $ERA 🔴
Entry: $0.0790–$0.0805
SL: $0.0918
TP: $0.0760
TP: $0.0727
TP: $0.0680
The rejection from $0.09116 suggests profit-taking at higher levels. A confirmed 1H close below $0.0790 would strengthen the bearish outlook, potentially pushing price toward $0.0727 and $0.0680 support. A breakout above $0.0918 invalidates this setup. Volatility remains elevated, so confirmation is essential.
Trade $ERA here 👇