โ ๏ธ๐ ALERT: $ETC ON THE PATH TO RECOVERY โ KEY LEVELS IN FOCUS! ๐โ ๏ธ
The ETC/USDT pair has shown resilience after reaching a recent low of 17.29, now trading around 18.04. With signs of recovery, ETC might be positioned to test key resistance levels that could confirm a reversal. Hereโs what to watch for as ETC navigates these critical levels.
๐ก Key Levels to Watch NOW: ๐ก
๐ง Resistance Level: 18.09 โ Breaking above this level could confirm a short-term bullish trend, drawing in more buying interest and signaling a potential shift.
๐ Support Level: 17.29 โ This low acts as a crucial support. A break below this level may lead to further declines, reinforcing bearish momentum.
๐ฏ Target 1: 18.50 โ An initial target on a bullish move, indicating growing strength if ETC can maintain above this level.
๐ฏ Target 2: 19.00 โ A significant resistance zone, marking stronger bullish momentum if reached, suggesting confidence in the reversal.
๐ฏ Target 3: 19.82 โ A major bullish target, indicating a substantial recovery and a possible trend shift if ETC sustains this level.
๐ CRITICAL POINT โ WHAT'S NEXT? ๐ฎ
โ ๏ธ Potential Downside: Failure to break above 18.09 could lead to a retest of the 17.29 support level. A breakdown here might trigger further declines.
๐ Upside Potential: A solid breakout above 18.09 could propel ETC towards the outlined targets, with bullish momentum building up. Keep a close watch โ ETC is at a decisive juncture!