Midnight Trend of ETC on May 26, 2025
- Support and Resistance: Key support at 2538
Resistance at 2573
Trend Scenario Analysis
Scenario 1: Bounce from Support
Trigger Condition: Price near 2538.27
Target Price: Short-term resistance at 2573.56, if broken, may rise to the 2580-2590 range.
- Risk Warning: Be cautious of insufficient volume leading to a second decline after the bounce; if unable to hold above 2550, it may return to a downtrend channel.
Scenario 2: Break Below Support
- Target Price: Down to the 2500 round number (psychological support), or even test 2480 (recent low).
Scenario 3: Consolidation
Trigger Condition: Market lacks clear direction, trading volume remains low, price fluctuates within the 2538-2573 range.
- Trading Suggestion: Focus on buying low and selling high, avoid chasing prices, and wait for a clear trend.
Trading Suggestions
1. Short-term:
- Bullish Strategy: If the price stabilizes in the 2538-2540 range, consider a small long position with a stop loss set below 2530, targeting 2570-2575.
- Bearish Strategy: If the price bounces to 2565-2570 and faces resistance, consider shorting, with a stop loss set above 2580, targeting down to 2540-2535.
