📉 What Happened to ERA/USDT? Is That $0.20 Wick Real?! 🤯

The 4H chart on $ERA just printed a massive flash wick down to $0.2000 — and many traders are asking, “Was this a glitch or real?”

🧠 Here’s the breakdown:

🔻 Wick to $0.20 = Liquidity Grab

• A massive sell order or bot triggered in a thin orderbook

• This caused stop-loss cascades + low bid fills

• Price instantly bounced back → not true market consensus

🐳 Whale or Bot Games?

• Large players often target low liquidity zones

• They exploit volatility in new listings to hunt retail stop-losses

📉 Still Bearish Short-Term

• Price below EMA(9) & EMA(21)

• RSI = 22 = oversold, but no strong bounce yet

🚫 Don’t blindly “buy the dip” unless:

• Price reclaims $0.96–1.00

• Bullish candle + Volume confirms trend reversal

🧭 Stay safe fam — this was likely a whale trap, not a real floor.

⸻

💬 What’s your strategy now — waiting for breakout or fading the bounce? Drop your thoughts below 👇

#EraCripto #LiquidityGrabbed #newlistings #PriceAction