š $ETC
/USDT Market Analysis ā Long & Short Opportunities
ETC/USDT is currently trading near 21.12, after rejecting resistance at 21.80 and forming a clear intraday downtrend. Price is now consolidating above 21.00 support, which makes both a bounce (long) or breakdown (short) possible depending on upcoming market reaction.
ā Long Trade Setup (Bullish Reversal)
Entry Zone: 21.15 ā 21.20
Targets:
šÆ Target 1: 21.40
šÆ Target 2: 21.65
šÆ Target 3: 21.85
Stop-Loss: 20.95 (below key support)
Logic: If price holds above 21.00 and reclaims 21.20 with momentum, a bullish reversal toward 21.80 is likely.
š» Short Trade Setup (Bearish Continuation)
Entry Zone: 21.10 ā 21.05
Targets:
šÆ Target 1: 20.95
šÆ Target 2: 20.75
šÆ Target 3: 20.50
Stop-Loss: 21.35 (above minor resistance)
Logic: Failure to defend 21.00 support may trigger further bearish pressure, extending losses toward 20.50.
āļø Risk Management
Use 3ā5% allocation per trade.
Shift stop-loss to entry once Target 1 is achieved.
Watch volume spikes for confirmation before committing to either side.
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