$ETC staged a sharp recovery from the $7.73 panic low, but the upward momentum is visibly drying up around $8.26–$8.35, right into the previous breakdown resistance.
The series of small, indecisive candles indicates seller absorption rather than aggressive continuation buying.
High-probability risk management favors waiting for a pullback and retest toward the $8.05–$8.10 support region before considering fresh longs, placing invalidation below the recent higher lows.
$ETC
The series of small, indecisive candles indicates seller absorption rather than aggressive continuation buying.
High-probability risk management favors waiting for a pullback and retest toward the $8.05–$8.10 support region before considering fresh longs, placing invalidation below the recent higher lows.
$ETC