$ETC – SHORT
Entry: 7.155
SL: 7.680
TP1: 6.954
TP2: 6.850
TP3: 6.700
The -6.47% drop is brutal 😩 but that high volume at 40M quote shows real conviction behind the move. We're sitting right below the weighted avg of 7.386, which is acting like a heavy ceiling now. The 1h and 15m structure is broken to the downside, and 5m/1m are confirming with lower lows. No bid at 7.15, just sellers piling on. Waiting for a retest of 7.38 before the next leg down 🔻📉
Entry: 7.155
SL: 7.680
TP1: 6.954
TP2: 6.850
TP3: 6.700
The -6.47% drop is brutal 😩 but that high volume at 40M quote shows real conviction behind the move. We're sitting right below the weighted avg of 7.386, which is acting like a heavy ceiling now. The 1h and 15m structure is broken to the downside, and 5m/1m are confirming with lower lows. No bid at 7.15, just sellers piling on. Waiting for a retest of 7.38 before the next leg down 🔻📉