$ETC USDT BEARISH TREND – SELLERS REMAIN IN CONTROL
ETCUSDT is showing persistent weakness, trading at $16.66, down 3.03%, after hitting a low of $16.47. Despite a small bounce, the overall structure remains bearish unless strong buying volume steps in to reverse this downtrend.
🔹Trade Setup:
Entry (Short): 16.68 – 16.72
Targets (TP):
🎯 TP1: 16.55
🎯 TP2: 16.47
🎯 TP3: 16.30 (if breakdown continues)
Stop Loss (SL): 16.85
📊Short Market Outlook:
The price is making consistent lower highs and lower lows. If it fails to break back above 16.80 resistance, continuation towards 16.30-16.40 is highly probable. Watch market-wide momentum before entry.
⚠️ Risk Management:
Always use a tight SL. Never risk more than 1-2% of your capital per trade in these downtrends.
#NFPWatch #NFPWatch #BearishSetup #Altcoins #TradingAnalysis
buy and trade here on $ETC