Hereโs a quick technical overview and trade outlook for $ETC /USDT Perpetual Futures:
๐ Market Snapshot
MetricValueLast Price$16.348Mark Price$16.35324h High$16.55324h Low$16.16924h Change+0.18% ๐ข24h Vol (ETC)2.99M24h Vol (USDT)$48.87M
๐ Volume & Moving Averages
IndicatorValueCurrent Volume87,085.52MA(5)129,378.48MA(10)150,116.74
๐ป Current volume is below average, indicating weakened momentum or consolidation.
๐ Key Technical Levels
TypePriceNotes๐บ Resistance$16.5524h high & local rejection zone๐ Current$16.35Sideways near mid-range๐ป Support 1$16.17Minor short-term base๐ป Support 2$16.00Psychological + round level๐ป Support 3$15.85Recent swing low (strong)
โ๏ธ Trade Outlook
โ Scalp Long (Low Risk)
Entry: $16.20โ$16.30
Target: $16.50โ$16.55
Stop Loss: Below $16.10
๐จ Breakout Play
Trigger: Clean breakout and close above $16.55
Target: $16.90โ$17.00
Stop: $16.30
โ ๏ธ Fade / Short Setup
Entry: $16.50โ$16.55 (if price rejects resistance)
Target: $16.20 / $16.00
Stop: Close above $16.60
๐ง Analyst Note
Trend: Neutral to mild bullish bias
Momentum: Weak (volume below MA)
Bias: Neutral, wait for breakout or rejection signal near $16.55
Would you like a 4h timeframe trendline chart or support/resistance overlay image to visualize this better?
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