📉 ETC — TIGHT RANGE COMPRESSION & TESTING THE LOCAL SUPPORT FLOOR! 🔻
$ETC is trading higher at 7.544 (+1.02%, or roughly Rs2,087.42), moving within an active 24-hour range between a high of 7.589 and a low of 7.365. Price action on this 4-hour chart reflects a localized consolidation phase following the rejection from the 8.205 swing peak, currently hugging just below the fast MA(7) (7.513), MA(25) (7.652), and macro structural MA(99) (7.924) lines.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 7.200–7.500 (on volume absorption and confirmed defense of local support floors)
🛑 STOP LOSS: 7.000
🎯 TP1: 8.000
🎯 TP2: 8.500
Are you watching for Ethereum Classic to hold this baseline support and push back toward the moving average cluster, or waiting for deeper continuation signals? Let's discuss below! 👇
👉 Trade: $ETC
#EthereumClassic #ETC #cryptotrading #BinanceSquare #bearish
$ETC is trading higher at 7.544 (+1.02%, or roughly Rs2,087.42), moving within an active 24-hour range between a high of 7.589 and a low of 7.365. Price action on this 4-hour chart reflects a localized consolidation phase following the rejection from the 8.205 swing peak, currently hugging just below the fast MA(7) (7.513), MA(25) (7.652), and macro structural MA(99) (7.924) lines.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 7.200–7.500 (on volume absorption and confirmed defense of local support floors)
🛑 STOP LOSS: 7.000
🎯 TP1: 8.000
🎯 TP2: 8.500
Are you watching for Ethereum Classic to hold this baseline support and push back toward the moving average cluster, or waiting for deeper continuation signals? Let's discuss below! 👇
👉 Trade: $ETC
#EthereumClassic #ETC #cryptotrading #BinanceSquare #bearish
