ETC welcomes a turnaround: Analysis of the potential from the bottom to rebound
Market analysis:
ETC prices have gradually rebounded from lows recently, and the current bullish force has slightly increased. Market sentiment remains cautious, and investors should pay attention to the breakthrough of key resistance levels.
Key points:
• Support level: 26.20, 25.50, 24.80
• Resistance level: 27.50, 28.30, 29.00
Short-term trading strategy:
Buy strategy:
• Opening point: 26.80
• Adding position: 26.20
• Stop loss point: 24.70
• Take profit target: First target 27.50, second target 28.30, third target 29.00
Short strategy:
• Opening point: 27.50
• Adding position: 28.30
• Stop loss point: 29.10
• Take profit target: First target 26.20, second target 25.50, third target 24.80
Personal prediction:
ETC is bullish in the short term and is expected to test the resistance near 28.30. Investors are advised to buy low and observe the rebound strength.
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