17h ago
Market Outlook: $ETC 6h Analysis Update
$ETC is in a short-term rebound phase but remains inside a larger bearish structure, urging prudence on aggressive long positions. Key resistance sits near 0.325, with support around 0.315 acting as a critical pivot area.
Price may encounter strong selling pressure between 0.325 and 0.33 unless a confirmed breakout occurs. Conversely, holding above 0.315 could prompt a bullish recovery targeting the resistance zone. A failure below 0.315 risks a move down toward 0.29. Traders should await clear candlestick signals or liquidity sweeps before initiating trades. This is only the surface view. The full depth of analysis, with precise entries and TP/SL, is in the Finora Telegram bot.
⚠️ This is an AI analysis and not financial advice.
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