$ETC Liquidated Long: $58K at $24.65
A $58K long position on Ethereum Classic ($ETC) just got liquidated at $24.65, sending shockwaves through the market.
Bulls are struggling to regain control—what’s next for $ETC?
Key Details About $ETC
Ethereum Classic is the original Ethereum blockchain, focusing on immutability and decentralization.
etc is often seen as a "store of value" with a fixed supply.
It has strong historical ties to Ethereum but operates independently.
Current Market Situation
Support Level: $24.00
Resistance Level: $26.00
Next Move for $ETC
A bounce from $24.00 could push $ETC back toward $26.00 or higher.
A break below $24.00 might lead to a drop to $23.00, a key lower support.
Buy or Sell Recommendation
Short-Term Traders: Buy near $24.00 if the price shows signs of recovery.
Avoid buying if $24.00 breaks down.
Long-Term Investors: Consider accumulating cautiously around $23.00–$24.00 but keep an eye on market sentiment.
The fight for $ETC is heating up—will bulls defend $24.00, or will bears push it lower?
Trade smart and stay vigilant!