📉 Analysis of the asset ERA/USDT (4H timeframe)

The chart shows that buyers could not hold the demand zone 🔽 around 1.172. The attempt to break upwards ended in failure — the asset faced strong resistance and started to decline.
🔺 The descending triangle ( marked by the blue line ) has been broken downwards, which is a bearish signal and indicates increasing pressure from sellers. The price is currently trading below the support line, which may indicate a continuation of the decline.
📊 The confirmation of the bearish scenario will be an increase in volumes during the decline. Watch the key zone of 1.072 USDT — this is a potential next support level where the market may react.
⚠️ Important: Lack of volume during a decline may indicate a false breakout, but if the volume increases — a faster downward movement is possible.
📍 Conclusion: the trend is bearish, zone 1.072 is important to watch.📉 Trade consciously and watch for signal confirmation!