This is the
$ERA /BNB pair on the 15-minute timeframe. Current price is around 0.00023237, down 3.55% in the last 24 hours.
Here the Parabolic SAR dots are still above price, which keeps the short-term structure bearish. Unlike the BB chart, this one shows more volatility. You can see sharp green spikes followed by quick red candles, which tells us buyers are trying to defend levels, but sellers are still winning the battle on this timeframe.
Key observations:
Price rejected from around 0.000236–0.000237, then rolled over.
The 24h low is 0.00023145, and price is hovering just above it.
The last big red candle shows strong selling pressure, not just a slow drift.
SAR is now close to price at 0.00023180, meaning the market is near a decision point.
What this usually means:
If price holds above 0.0002315 and prints a few green candles, SAR can flip below price, often leading to a short bounce toward 0.000235–0.000238.
If 0.0002315 breaks cleanly, the next area traders will watch is around 0.000228–0.000226.
Compared to BB/BNB, ERA/BNB looks more aggressive in its moves. BB was a smooth pullback, ERA is showing emotional trading with fast drops and attempts to recover. That often means:
Either a quick relief bounce from support, or
A sharp continuation down if buyers give up.
Right now, ERA is sitting directly on its daily support zone. The next few 15m candles will decide whether this becomes a bounce setup or a breakdown continuation.
#ERA #StrategyBTCPurchase #GrayscaleBNBETFFiling