$ETC short: sellers need 7.625–7.635 on the 4H to hold 👀
Price sits just under the 4H EMA50 at 7.69. I'm watching for a rejection here, not a push through it.
The read:
- 4H price 7.63 below EMA50 7.69, trend structure still favors sellers
- Daily below EMA200 8.15, the bigger trend is on this side
- 1H RSI 51, momentum neutral with room to roll over
🔴 SHORT · Entry 7.625–7.635 · TP 7.594 / 7.569 / 7.533 · SL 7.691
Rejection at 7.635, or a push through 7.69?
NFA · DYOR
Price sits just under the 4H EMA50 at 7.69. I'm watching for a rejection here, not a push through it.
The read:
- 4H price 7.63 below EMA50 7.69, trend structure still favors sellers
- Daily below EMA200 8.15, the bigger trend is on this side
- 1H RSI 51, momentum neutral with room to roll over
🔴 SHORT · Entry 7.625–7.635 · TP 7.594 / 7.569 / 7.533 · SL 7.691
Rejection at 7.635, or a push through 7.69?
NFA · DYOR
