$ETC Long 10x | The pullback zone is defined, risk is clearly outlined.
ETC has arrived in a strategic zone where I primarily focus on risk management rather than impulsive entries. This scenario depends on whether demand can effectively counter the selling pressure at this level.
Scenario map:
- Entry range: 8.82300 – 8.83300
- TP1 / first reaction: 8.86500 (R:R 1:0.8)
- TP2 / continuation zone: 8.89000 (R:R 1:1.3)
- TP3 / extended target: 8.92700 (R:R 1:2.0)
- Risk level: 8.77900
Why this setup?
- The long scenario remains valid on 4h: price holds 8.82300–8.83300, while the dendend trend stays within the range.
- RSI on 15m at 51 suggests there’s potential for buyers to push price higher, provided they defend this critically important level.
- Current volume is 0.53x: against 12.39K expected, 6.60K has been recorded. This indicates meaningful participation in this move.