/USDT – Trade Setup
Market Insight:
$ERA is showing strong bullish momentum, up +6.14% on the day, testing the recent highs near 0.2785. Price is currently above the SAR level (0.2539), signaling a potential continuation of the uptrend. The market sentiment favors buyers in the short term.
Entry Zone:
Aggressive: 0.2740 – 0.2760 (near current price)
Conservative / Pullback: 0.2680 – 0.2700 (closer to recent support)
Targets:
T1: 0.2820 (short-term resistance)
T2: 0.2875 (previous high zone)
T3: 0.2930 (next significant resistance)
Stop Loss:
0.2620 (below recent support and SAR level)
Key Levels:
Support: 0.2680, 0.2625, 0.2565
Resistance: 0.2785, 0.2820, 0.2875
Pivot Zone: 0.2740 – 0.2750
Pro Tip:
Consider adding to positions on a pullback near support levels.
Keep an eye on the 4H candle close; a strong close above 0.2785 could signal continuation toward higher targets.
Monitor volume for confirmation; breakout with low volume may fail.