🔴 SHORT SIGNAL — $ETC | Score: 33/100 | LOW
ETC is primed for a quick drop as the market turns bearish
Entry: $8.4722 — $8.4131
TP1 (30min-4h): $8.1350
TP2 (1-3d): $7.7135
TP3 Swing: $7.1655
SL: $8.8009
ETC shows classic overbought momentum with bullish candles losing steam near the recent high. Momentum oscillators are turning down, suggesting weakening buying pressure. Trend lines point to a descending channel, and the price is testing a resistance zone that aligns with prior swing highs. A short entry looks favorable as sellers regain control, with a target near the next support area. Keep an eye on volume spikes for confirmation.
⚠️ NFA | DYOR
#Crypto #BTC #Binance #CryptoSignals #CryptoFlix
ETC is primed for a quick drop as the market turns bearish
Entry: $8.4722 — $8.4131
TP1 (30min-4h): $8.1350
TP2 (1-3d): $7.7135
TP3 Swing: $7.1655
SL: $8.8009
ETC shows classic overbought momentum with bullish candles losing steam near the recent high. Momentum oscillators are turning down, suggesting weakening buying pressure. Trend lines point to a descending channel, and the price is testing a resistance zone that aligns with prior swing highs. A short entry looks favorable as sellers regain control, with a target near the next support area. Keep an eye on volume spikes for confirmation.
⚠️ NFA | DYOR
#Crypto #BTC #Binance #CryptoSignals #CryptoFlix