$ETC /USDT – Pullback in Progress (-5.50%)
💰 Current Price: $19.07
📈 24H High: $20.25 | 📉 24H Low: $18.87
🔄 24H Volume: 508.4K ETC (~$9.98M USDT)
🔗 Category: Layer 1 / Legacy Chain
📍 Key Price Levels
Resistance Zones:
➡️ $19.40 → $19.51 → $19.55
Support Zones:
⬅️ $19.07 → $18.98 → $18.87 (24h low) → $18.83
📊 Technical Snapshot
MACD: Bearish crossover – selling momentum increasing
RSI: Dropping toward 40 – entering oversold territory
EMA/MA: Price dipped below key moving averages
Bollinger Bands: Widening – confirming increased volatility
SAR: Above price – bearish signal
🔍 Market View
Short-Term Outlook: Under pressure after rejection near $20.25
Bearish Confirmation: Break below $18.87 could trigger more downside
Reversal Potential: Holding above $18.87 and reclaiming $19.40 would ease bearish pressure
$ETC is seeing a notable dip – key support test at $18.87 in focus.