💡 **ERN/USDT Analysis**:
#RideTheKaiaWave #RideTheKaiaWave
### Current Status:
- **Current Price**: 2.802 USDT
- **Major Support**: 2.530 USDT
- **Nearby Resistance**: 2.933 USDT
### Moving Averages (EMA):
- **EMA7**: 2.779 (slight uptrend)
- **EMA25**: 2.880 (price below resistance)
### Technical Indicators:
1. **RSI (51.3)**: In neutral zone, chance to rise when resistance is broken.
2. **MACD**: Positive crossover signal is near, indicating a possible upside move.
3. **Volume**: Slightly rising recently, signal of traders' interest.
### Buy Scenario:
- **Entry**: at 2.75 - 2.80 with positive momentum.
- **Buy Confirmation**: Upon breaking 2.933 with high volume.
- **Take Profit**:
- Level 1: 3.00
- Level 2: 3.20
### Sell Scenario:
- **Sell**: If the price fails to exceed 2.933 and signs of weakness appear.
- **Stop Loss**: Below 2.50 to avoid a big pullback.
### General Expectation:
- Maintaining the support at 2.530 may push the price to test higher levels.
- Follow the trading volume and indicators to confirm the trend.
#Trading#Technical_Analysis#Crypto#ERN $ERN
ERN/USDT