$ETC REJECTION ZONE ACTIVE — SHORT SETUP IN PLAY 🔥
Entry: 6.80 - 6.96 🔥
Target: 6.58 / 6.26 / 5.93 🚀
Stop Loss: 7.45 ⚠️
Price is testing a supply area that has rejected upside moves previously. The recovery momentum is fading as volume diverges on the lower timeframes. Overhead liquidity is drawing price, but sellers are stepping in at the same levels that capped the last advance. This is a structural resistance zone with a defined risk level above.
If this holds, the next leg lower could sweep the buy-side liquidity below the recent swing low. The R:R on the first target alone is favorable for a short scalp. Are you watching this area for a rejection or waiting for confirmation?
Not financial advice. Always manage your risk.
#ETC #ShortSetup #Resistance #EthereumClassic #Crypto
🎯
Entry: 6.80 - 6.96 🔥
Target: 6.58 / 6.26 / 5.93 🚀
Stop Loss: 7.45 ⚠️
Price is testing a supply area that has rejected upside moves previously. The recovery momentum is fading as volume diverges on the lower timeframes. Overhead liquidity is drawing price, but sellers are stepping in at the same levels that capped the last advance. This is a structural resistance zone with a defined risk level above.
If this holds, the next leg lower could sweep the buy-side liquidity below the recent swing low. The R:R on the first target alone is favorable for a short scalp. Are you watching this area for a rejection or waiting for confirmation?
Not financial advice. Always manage your risk.
#ETC #ShortSetup #Resistance #EthereumClassic #Crypto
🎯
