๐ด Coin $ETC at a critical crossroads! ๐๐
Based on the current chart for the ETC/USDT pair on the 4-hour timeframe, the price is now trading around a critical area near 9.59:
โข ๐ Bullish scenario (most likely): Positive momentum pushes the price to test the nearby high at 10.008. Breaking above it and holding will open the way directly to the 10.420 peak.
โข ๐ Bearish scenario: A breakdown of the strong support levels at 9.20 and then 8.99 would mean a quick pullback to retest the bottom at 8.580.
The technical situation favors a move upward above the $10 barrier, provided that the nearby support lines are maintained without a negative close below them.
#BinanceSquare #ETC #CryptoAnalysis #TechnicalAnalysis
Based on the current chart for the ETC/USDT pair on the 4-hour timeframe, the price is now trading around a critical area near 9.59:
โข ๐ Bullish scenario (most likely): Positive momentum pushes the price to test the nearby high at 10.008. Breaking above it and holding will open the way directly to the 10.420 peak.
โข ๐ Bearish scenario: A breakdown of the strong support levels at 9.20 and then 8.99 would mean a quick pullback to retest the bottom at 8.580.
The technical situation favors a move upward above the $10 barrier, provided that the nearby support lines are maintained without a negative close below them.
#BinanceSquare #ETC #CryptoAnalysis #TechnicalAnalysis
