$ERA /USDT Under Pressure – Will Buyers Defend the Zone?
ERA/USDT is trading at $1.2327, down -11.70% in the last 24 hours.
Price hit a low of $1.2100, dangerously close to key support.
Volume remains solid at 47.76M ERA, indicating active market participation.
Short-term MAs are converging: MA(7): 1.2387, MA(25): 1.2382, showing indecision.
Long-term MA(99) at $1.2795 is still above — trend remains weak until this flips.
Resistance levels: $1.2695, $1.3380, and a stronger wall at $1.4066.
Support to watch: $1.2100, then $1.2008 — breakdown risks a deeper slide.
If bulls reclaim $1.2695, momentum may quickly aim for $1.3380+.
SL for long trades: Below $1.1950 to manage downside risk.
A successful rebound can retest the $1.3924 to $1.4752 range.
This could be a make-or-break zone for ERA — wait for confirmation before heavy entries.
Stay alert: Infrastructure tokens often bounce fast if sentiment turns!
