$ETC /USDT BEARISH MOMENTUM RESUMES
FAILED TO HOLD ABOVE $16.90
REJECTION NEAR LOWER HIGH ZONE
NO STRONG BOUNCE AFTER DIP TO $15.83
$ETC recently faced a sharp drop from $17.53 to $15.83, and the weak bounce back toward $16.20 is showing signs of exhaustion. The chart structure is clearly forming lower highs, suggesting further downside potential if the $16.00 level is breached again.
š“ SHORT TRADE SETUP
Entry Zone: $16.15 ā $16.40
Take Profit (TP): $15.70 / $15.10
Stop Loss (SL): $16.95
Market Outlook:
Momentum remains bearish as bulls fail to reclaim $16.90 resistance. A breakdown below $15.80 could trigger another wave of selling pressure.
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