$ETC – BEARS EYE FURTHER DOWNSIDE
$ETC is trading at 20.78, down over 3.3% after repeated rejections below the 21.20–21.50 resistance zone. The chart shows lower highs forming with increasing sell pressure, while the recent low at 20.42 is being retested. A breakdown below this support could confirm stronger bearish continuation.
🔻 Short Trade Setup
Entry: 20.75 – 20.95
Target 1: 20.50
Target 2: 20.30
Stop Loss: Above 21.25
As long as ETC trades under 21.20, sellers maintain control and downside risk remains elevated.