Ethereum Classic (ETC) rebounds to $26.86, is there still room for upside?
Market situation analysis:
The current price of ETC is $26.86, with a 24-hour increase of 8.53%, and the 24-hour trading volume has increased significantly. The MACD indicator began to cross upward, the RSI gradually approached the neutral zone, and the market's bullish sentiment rebounded.
Key points:
• Support levels: $26.00, $25.50, $24.00
• Pressure levels: $27.50, $28.50, $30.00
Short-term trading strategy:
Long strategy:
• Opening level: $26.50
• Adding level: $25.50
• Stop loss level: $24.00
• Take profit target: first target $27.50, second target $28.50, third target $30.00
Short selling strategy:
• Opening level: $27.50
• Adding point: $28.50
• Stop loss level: $30.50
• Take profit target: first target $26.00, second target $25.50, third target $24.00
Predictive analysis:
If ETC can continue to break through the $27.50 pressure level, it may further rise to $28.50 or even $30.00. However, if the volume is insufficient, there is a risk of a correction below $26.00.
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