Here’s a quick technical analysis of $ETC /USDT based on the data you shared:
---
ETC/USDT Snapshot
Current Price: $18.57
24h Change: -2.98% → Mild bearish sentiment
24h Range:
High: $19.18
Low: $18.39
24h Volume:
ETC: 422,285.59
USDT: $7.89M
---
Technical Indicators
MA60 (1h): $18.63 → Current price is below MA60 → Slight bearish pressure
MA(5): 153.26
MA(10): 139.51
→ These seem to be volume-based MAs and suggest increasing short-term trading activity.
Volume (Recent): 3.10 → Fairly low near current tick
Support Zone: Around $18.39–$18.50
Resistance Levels:
$18.70 (short-term)
$19.00 – $19.18 (24h high & major resistance)
---
Trend & Market Sentiment
Trend: Short-term bearish to neutral
Price Action: Moving sideways-to-lower near support zone with minor sell pressure.
Momentum Indicators (inferred): Likely converging toward a decision point – volume is light, suggesting wait-and-see behavior.
---
Trade Strategy Ideas
Bullish Scenario
Entry: On bounce above $18.63 (reclaim of MA60)
Target: $18.90 – $19.20
Stop-loss: Below $18.35
Bearish Scenario
Breakdown Confirmation: Below $18.39
Target: $18.00 – $17.80
Stop-loss: Above $18.70
---
Conclusion
Current Bias: Slightly bearish, but near key support
Watch for: Volume spike + breakout above MA60 for confirmation
Risk Note: Low volume near local low = potential for reversal or further dip if BTC turns volatile
---
Would you like a 4H or daily chart-based trend breakdown next?
#ETCUSDT #ETCprospects #ETHMarketWatch #TrumpTariffs #GENIUSAct
