VIP MARKET UPDATE: $ETC

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ETC has successfully broken out of a falling wedge, a classic bullish reversal pattern. This breakout is accompanied by strong momentum and increasing volume—key signs of growing investor confidence and buying pressure.

Key Highlights:

Breakout Confirmed above resistance

Momentum Strong post-breakout

Holding above resistance is critical for continuation

Failure to hold may lead to a pullback into the wedge and stall the rally

What to Watch:

Monitor price action closely around the breakout zone. A solid retest and bounce could signal a new leg up, while weakness might indicate a false breakout.

Bias: Bullish (as long as support holds)

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