The Setup (LONG $ETC):

• Entry Zone: $6.48 – $6.52

• Invalidation / Stop Loss: $6.39

• Target 🎯 1: $6.58

• Target 🎯 2: $6.62

• Target 🎯 3: $6.68

The Market Narrative:

$ETC just executed a rapid liquidity sweep below the $6.45 local level, triggering immediate buyer absorption and a strong push back above $6.50. This aggressive demand defense shows that bulls are committed to maintaining the higher-low market structure across short timeframes.

The Technical Breakdown:

On the 1-hour chart, $ETC is consolidating within a distinct horizontal range following its macro bounce off the $6.31 swing bottom. The recent drop down to $6.42 successfully cleared out weak stops before printing a swift bullish reaction, effectively trapping late shorts and re-establishing price acceptance inside the mid-range.

As long as price stays supported above the structural pivot at $6.39, the immediate bias favors a continuation toward the top of the range. Maintaining position above $6.50 sets up an optimal risk-to-reward push toward initial resistance at $6.58, with secondary targets sitting at $6.62 and the macro breakout level at $6.68.

Are you taking the long retest on here, or waiting for a clean breakout above $6.60? Drop your predictions below! 👇

#cryptotrading $ETC #EthereumClassic #TechnicalAnalysis

Disclaimer: This is for educational purposes only and is not investment advice. Always do your own research and manage your risk.