ETC/USDT Technical Analysis & Trade Signal
Current Price: $38.42
24h Price Change: +18.25%
Trend: Bullish momentum
Technical Indicators:
Support Level (SAR): $36.34
Resistance Level: $38.90 (24h High)
RSI: Neutral to Bullish (not overbought yet)
MACD: Bullish crossover, indicating upward momentum
Volume: Increased trading volume, confirming strength in the current uptrend
Trade Signal:
Entry Point: Consider entering near $38.42 or on any pullback to $37.50 (Support Zone).
Stop Loss: Place at $36.00 (below SAR and recent low).
Target Levels:
1. Target 1: $39.50 (Immediate resistance)
2. Target 2: $40.50 (Next resistance level)
3. Target 3: $42.00 (Extended target, depending on momentum continuation)
Momentum:
The price is currently moving upwards with strong bullish momentum. Watch for minor retracements, but overall, the trend seems to favor upward movement in the short term.
Trade Strategy: Buy on pullbacks near support or at the current price, with a target of $39.50 for short-term gains.