$ETC – REJECTION AT LOCAL LOW, BULLS ATTEMPTING A TURNAROUND!
STRONG WICK OFF $20.91
EARLY RECOVERY WITH RISING BUY VOLUME
$ETC has shown a clean bounce from $20.91 — a level that acted as local support during recent selling pressure. The latest green candle forming with growing volume suggests buyers are stepping back in. If price holds above $21.30, there’s potential for a move toward $21.95 and $22.65 in the short term. Structure remains bearish overall, but momentum hints at a short-term bullish reversal.
Trade Setup (Long Bias):
• Entry: $21.30 – $21.45
• Target 1: $21.95
• Target 2: $22.65
• Stop Loss: $20.75
If ETC sustains this bounce with volume, it could trigger a relief rally.
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