$ETC USDT (Ethereum Classic) — Current Price: 8.060
ETC is trading around 8.060 after a strong rally from the 7.632 low, gaining over 5% on the displayed 24-hour change. Price is now approaching the recent high of 8.099, making this resistance zone important for the next move.
On the 15-minute chart, buyers have maintained a short-term bullish structure after a sharp upward breakout, followed by consolidation and another push toward the highs. The latest pullback suggests some profit-taking near resistance. My focus is on whether buyers can defend the 8.020 area and make another attempt at 8.099.
A clean break above 8.099 could open the way toward 8.150 and 8.200 if momentum continues. However, losing support around 8.020 could weaken the bullish structure and bring 7.970 into focus. Confirmation is more important than chasing the recent rally.
Trade Setup:
Entry Zone: 8.020–8.060
Take Profit 1: 8.100
Take Profit 2: 8.150
Stop Loss: 7.970
Stay patient and wait for confirmation around the entry zone. Manage risk carefully, respect your stop loss, and avoid emotional entries. This is a potential chart-based setup, not a guaranteed outcome.
ETC is trading around 8.060 after a strong rally from the 7.632 low, gaining over 5% on the displayed 24-hour change. Price is now approaching the recent high of 8.099, making this resistance zone important for the next move.
On the 15-minute chart, buyers have maintained a short-term bullish structure after a sharp upward breakout, followed by consolidation and another push toward the highs. The latest pullback suggests some profit-taking near resistance. My focus is on whether buyers can defend the 8.020 area and make another attempt at 8.099.
A clean break above 8.099 could open the way toward 8.150 and 8.200 if momentum continues. However, losing support around 8.020 could weaken the bullish structure and bring 7.970 into focus. Confirmation is more important than chasing the recent rally.
Trade Setup:
Entry Zone: 8.020–8.060
Take Profit 1: 8.100
Take Profit 2: 8.150
Stop Loss: 7.970
Stay patient and wait for confirmation around the entry zone. Manage risk carefully, respect your stop loss, and avoid emotional entries. This is a potential chart-based setup, not a guaranteed outcome.