$ERA /USDC BEARISH STRUCTURE WITH CONTINUATION PROBABILITY
Market structure shows persistent downward pressure after failing to sustain higher levels, with price trading beneath key dynamic resistance zones. Momentum remains weak as oscillators hover in oversold territory without strong reversal confirmation, indicating that sellers still control the trend. Lower highs and expanding downside volatility suggest continuation toward deeper support levels.
Trade Setup: Short Position
Entry Zone: Pullback into the recent breakdown area aligned with short-term moving average resistance
Targets:
TP1: Immediate support from the latest reaction low
TP2: Prior consolidation base liquidity zone
TP3: Higher timeframe demand level below current structure
Stop Loss: Above the most recent lower high and upper volatility band to invalidate the bearish continuation
Risk Management:
Limit risk to a small percentage of total capital per trade, aim for at least a 1:2 risk-to-reward ratio, and secure partial profits at TP1 while trailing the stop loss to reduce downside exposure
#TechnicalAnalysis #CryptoTrading #AltcoinTrading #PriceAction #RiskManagement

