📉 $ETC /USDT – Short Setup Alert

Ethereum Classic is showing signs of a potential bearish reversal after failing to sustain above the resistance zone near $20.47. Sellers seem to be gaining momentum, suggesting a possible downward move.

🔹 Entry: $20.47 (current price)

🔹 Stop Loss: $20.62

🔹 Target: $20.11

🟩 Risk-Reward Ratio: ~2.5R

🔍 Analysis:

$ETC has faced resistance around $20.47 and is struggling to break higher. The price action on the 15-minute chart indicates a likely pullback, targeting the support level near $20.11. Minor retracements can be expected before the bearish momentum continues. This setup aligns with the short-term downtrend observed on the chart.

📌 Note: Look for bearish confirmation such as a rejection candle near resistance, increased selling volume, or failure to break above $20.50 before entering the trade.

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