$ETC
📉 ETC/USDT Signal – Bearish Breakdown Setup

Pair: ETC/USDT

Timeframe: 1 Hour

Current Price: ~$18.27

Signal Type: Short Position – Breakdown After Lower Highs & Support Weakness

🔍 Technical Breakdown

Lower Highs Structure: After peaking around $18.90, the chart shows a consistent pattern of lower highs.

Bearish Momentum: The price is trending within a descending channel, showing seller control.

Support Retest Zone: ETC is consolidating near a minor support at $18.20–$18.25. Breakdown below this zone could accelerate downside.

Weak Volume Bounce: Recoveries show low volume, suggesting lack of buyer conviction.

⚠️ Trade Plan – Short Setup

📥 Entry Zone: $18.22–$18.27 (on confirmation of breakdown below $18.25)

🛑 Stop-Loss: Above $18.60 (recent swing high / breakout invalidation)

🎯 Take-Profit Targets:

TP1: $17.90 (near-term horizontal support)

TP2: $17.50 (local demand zone)

TP3: $17.10 (major support – May 13 base)

🧠 Trade Notes

Wait for a 1H candle close below $18.20 for stronger entry confirmation.

For reduced risk, look for a break → retest → rejection entry.

The larger trend appears to be weakening with declining volume and weaker upside reaction.

✅ Risk–Reward Snapshot

Assuming Entry @ $18.25 and SL @ $18.60:

Risk: $0.35 (~1.9%)

Rewards:

TP1: $0.35 (R:R 1:1)

TP2: $0.75 (R:R ~2.1)

TP3: $1.15 (R:R ~3.3)