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$ETC
$ETC is trading around 15.919 after a moderate decline of 2.4%. The coin tested the 24h low at 15.724 and has since held firm above that level. After earlier reaching a high of 16.766, the recent pullback looks like a healthy correction inside a larger structure. The market is now watching closely for a rebound from this base support zone.
Entry Point (EP)
15.80 – 15.95 range is ideal for entry as ETC consolidates around its strong support area.
Target Points (TP)
TP1: 16.20
TP2: 16.55
TP3: 16.90
Stop Loss (SL)
15.60 – slightly below the 24h low to protect against downside.
Reasons for Trade
• The 15.70–15.80 area has held multiple times, proving to be a reliable support zone.
• Recent candles show long lower wicks, suggesting buyers are stepping in.
• RSI near the lower band indicates oversold conditions and potential rebound ahead.
• Volume of over 266K ETC shows continuous participation and growing interest near this level.
• A breakout above 16.20 could trigger a quick move toward 16.90 in the coming sessions.
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