๐จ $ETC C/USDT โ Eyeing Breakout or Running Into Resistance? ๐งจ๐
$ETC has bounced from $15.88 to $16.24, inching toward key resistance at $16.30+. With RSI nearing overbought, is the breakout real or fading fast? Letโs analyze!
๐ Market Overview
๐ Current Price: $16.24
๐ 24h High: $16.27
โ๏ธ 24h Low: $15.88
๐ Parabolic SAR: Not triggered โ price action trending higher
๐ MACD Momentum:
โข Data not available โ RSI suggests strengthening bullish momentum
๐ง Additional Indicators:
โข MA(7): 16.17
โข MA(25): 16.13
โข MA(99): 16.26
โข RSI(6): 66.91 (Approaching overbought โ breakout watch on!)
๐ ETC Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If ETC Holds Above $16.10):
โข Entry: Above $16.30
โข Targets: $16.72, $17.50, $18.20+
โข Stop-Loss: $15.78
๐น Bearish Scenario (If ETC Breaks Below $15.78):
โข Entry: Below $15.75
โข Targets: $15.30, $14.83, $14.36
โข Stop-Loss: $16.30
๐ Should You Hold or Sell?
โ RSI is climbing = momentum favoring bulls
โ Price trading above short-term MAs = uptrend intact
โ ๏ธ A rejection below $16.10 could trigger a pullback to $15.30 range
๐ก Pro Tip:
๐ฅ Watch for breakout above $16.30 with volume surge
๐ RSI > 70 = potential exhaustionโscalp profits if it spikes fast!
๐ข Will ETC break past $17 or reverse from resistance? Tell us your move!
๐ฅ LIKE & SHARE for more high-quality setups and real-time market insights! ๐ฌ