🔻 $ETC | SHORT 🔴
📉 Bearish Setup – Technical Overview
ETC continues to show bearish momentum on the 5m timeframe. Price is trading below both the 50 EMA and 200 EMA, while the recent rejection around $6.569 suggests weakness. Continued selling pressure could push the price lower toward the $6.492 support zone, with further downside potential.
🎯 TRADE PLAN
Entry: 6.569
Stop Loss: 6.644
Take profit: 6.492
⚠️ No chasing. Respect your stop loss and manage risk.
Technical setup only. Not financial advice.
#short #cryptotrading
📉 Bearish Setup – Technical Overview
ETC continues to show bearish momentum on the 5m timeframe. Price is trading below both the 50 EMA and 200 EMA, while the recent rejection around $6.569 suggests weakness. Continued selling pressure could push the price lower toward the $6.492 support zone, with further downside potential.
🎯 TRADE PLAN
Entry: 6.569
Stop Loss: 6.644
Take profit: 6.492
⚠️ No chasing. Respect your stop loss and manage risk.
Technical setup only. Not financial advice.
#short #cryptotrading
