Analysis of the asset ERAUSDT (4H):

🔻 Technical picture:

A descending triangle is forming, support at the level of ~$1.1140 has been broken - this is a bearish signal.

The price is trading below all moving averages (MA7, MA25, MA99), which indicates a strong downward trend.

Ichimoku:

The price confidently remains under the cloud → the bearish momentum dominates.

The cloud ahead is red - there are no signs of a turnaround.

Parabolic SAR: points above the candles → confirms the downtrend.

📌 Key levels:

Support (current zone): $1.11 (already breaking through)

Next support level: ~$1.00 – $0.95 (psychological and technical level)

Resistance: $1.20 (MA7/Ichimoku Tenkan), then $1.25 and $1.35

⚠️ Withdrawal:
The price has broken down from the triangle and breached a key support level — this confirms the possibility of a continued downward movement. Volumes should be monitored: if the breakout is confirmed, the next target is $1.00.

📉 Priority: short scenario, until consolidation occurs above $1.20