$ERN /USDT - ERNIE'S BULLISH RUN CONTINUES 馃悅馃搱
Overview
ERN/USDT is currently in a strong uptrend. The recent price action indicates a bullish momentum, and the MACD histogram is showing a positive divergence, further supporting the bullish outlook. The RSI is also in the overbought zone, indicating that the price may be due for a correction. However, the overall trend remains bullish.
Trade Scenarios
Long Scenario:
* Entry: $3.428
* TP1: $3.550
* TP2: $3.700
* SL: $3.250
Short Scenario:
* Entry: $3.550
* TP1: $3.450
* TP2: $3.350
* SL: $3.650
Market Outlook
The overall market sentiment for ERN/USDT is bullish. The recent price action and technical indicators suggest a potential further uptrend in the near future. However, it is important to note that the market is highly volatile and prices can change rapidly. Traders should use stop-loss orders to protect their positions.