$ERA /USDT
Market Structure: Bullish Recovery with Resistance Pressure
ERA/USDT is trading at $0.0881, up 18.10% over the last 24 hours. The 15-minute chart shows a strong recovery from $0.0755, followed by a sharp rally toward $0.1031. However, rejection from the highs confirms strong selling pressure near the upper resistance zone.
Price is now consolidating around $0.0863–$0.0881 after the pullback. The short-term structure shows a possible bullish recovery, but buyers must reclaim $0.0900–$0.0923 to strengthen continuation toward higher resistance. Until that happens, another rejection remains possible.
EP (Entry Price): $0.0865–$0.0880
TP (Take Profit):
- TP1: $0.0905
- TP2: $0.0923
- TP3: $0.0960
- TP4: $0.1000
SL (Stop Loss): $0.0838
Technical Outlook:
The broader intraday move remains constructive after the rebound from $0.0755, but the rejection near $0.1031 shows that sellers remain active at higher levels. Short-term momentum is attempting to stabilize around $0.0863, creating a potential base for recovery.
A sustained move above $0.0905 could attract renewed buying pressure toward $0.0923 and $0.0960, with $0.1000 as an extended target. A breakdown below $0.0863 would weaken the bullish setup, while a move below the stop-loss level invalidates this trade idea. Wait for confirmation rather than chasing the price.
$ERA /USDT
#IRSPlansLowerTaxDisclosurePenaltiesForCryptoCases #USConsumerSentimentHoldsAtSecondLowestOnRecord #MarketsPriceJust10%ChanceOfFedHikeNextWeek #DowDrops653Points #PepeJumps14%ToLeadAltcoinRebound
Market Structure: Bullish Recovery with Resistance Pressure
ERA/USDT is trading at $0.0881, up 18.10% over the last 24 hours. The 15-minute chart shows a strong recovery from $0.0755, followed by a sharp rally toward $0.1031. However, rejection from the highs confirms strong selling pressure near the upper resistance zone.
Price is now consolidating around $0.0863–$0.0881 after the pullback. The short-term structure shows a possible bullish recovery, but buyers must reclaim $0.0900–$0.0923 to strengthen continuation toward higher resistance. Until that happens, another rejection remains possible.
EP (Entry Price): $0.0865–$0.0880
TP (Take Profit):
- TP1: $0.0905
- TP2: $0.0923
- TP3: $0.0960
- TP4: $0.1000
SL (Stop Loss): $0.0838
Technical Outlook:
The broader intraday move remains constructive after the rebound from $0.0755, but the rejection near $0.1031 shows that sellers remain active at higher levels. Short-term momentum is attempting to stabilize around $0.0863, creating a potential base for recovery.
A sustained move above $0.0905 could attract renewed buying pressure toward $0.0923 and $0.0960, with $0.1000 as an extended target. A breakdown below $0.0863 would weaken the bullish setup, while a move below the stop-loss level invalidates this trade idea. Wait for confirmation rather than chasing the price.
$ERA /USDT
#IRSPlansLowerTaxDisclosurePenaltiesForCryptoCases #USConsumerSentimentHoldsAtSecondLowestOnRecord #MarketsPriceJust10%ChanceOfFedHikeNextWeek #DowDrops653Points #PepeJumps14%ToLeadAltcoinRebound
