📊 $ETC Technical Analysis & Setup
Ethereum Classic has broken out of its macro falling wedge and successfully retested the trendline near $7.65. Momentum is building as price chops around the weekly VWAP inside the high-volume zone.
• Key Support / Demand: $7.60 – $7.65 (Trendline & VWAP)
• Resistance / Supply Targets: $8.20 then $8.60+
• Trigger / Confirmation: 4-hour candle close above $8.20 to clear local supply
• Risk / Invalidation: Daily close back under the breakout trendline
• Market Execution: Monitor volume expansion on the breakout; manage position sizing carefully during initial chop
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #ETC #Trading
$ETH
Ethereum Classic has broken out of its macro falling wedge and successfully retested the trendline near $7.65. Momentum is building as price chops around the weekly VWAP inside the high-volume zone.
• Key Support / Demand: $7.60 – $7.65 (Trendline & VWAP)
• Resistance / Supply Targets: $8.20 then $8.60+
• Trigger / Confirmation: 4-hour candle close above $8.20 to clear local supply
• Risk / Invalidation: Daily close back under the breakout trendline
• Market Execution: Monitor volume expansion on the breakout; manage position sizing carefully during initial chop
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #ETC #Trading
$ETH