🚀 $ETC is showing a potential technical setup!

ETCUSDT on the 1-week timeframe is displaying a potential macro trend reversal following a test of long-term support.

📈 The Technical Setup:
• The Pattern: Descending channel / Harmonic pattern reversal
• Short-term Target: 26.50 USDT
• Macro Objective: 37.72 USDT
• Market Structure: Potential macro reversal and breakout

🎯 Key Levels to Watch:
• Support / Accumulation Zone: 5.50 - 6.50 USDT
• Resistance: 26.50 USDT
• Breakout Level: 10.00 USDT
• Stop Loss / Invalidation: 5.00 USDT

📊 Confirmation:
• Volume: Neutral/standard volume visible on higher timeframe
• Momentum: Bullish recovery off structural lows
• Trend: Transitioning from macro downtrend to potential accumulation reversal

⚠️ Invalidation:
A decisive weekly close below the 5.00 USDT support zone would invalidate the bullish setup.

ETC is testing key diagonal resistance after forming a major low, requiring confirmation above the 10.00 USDT psychological level.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

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