Market trends are rising, where is ETC headed?

Analysis of key levels under volatility!

Short-term trading secrets, quick look!

Market Analysis

Ethereum Classic (ETC) is currently experiencing a continuous decline, overall in a downtrend channel. Despite significant selling pressure in the short term, there may be opportunities for a rebound near support levels, so it is advisable to closely monitor changes in market sentiment.

Support and Resistance Levels

• Support levels: $24.50, $23.80, $22.50

• Resistance levels: $26.00, $27.50, $29.00

Short-term Trading Strategies

1. Long Strategy

• Entry point: $24.50

• Add position point: $23.80

• Stop-loss point: slightly below $22.50

• Take-profit targets: First target $26.00, second target $27.50, third target $29.00

2. Short Strategy

• Entry point: $26.00

• Add position point: $27.50

• Stop-loss point: slightly above $29.00

• Take-profit targets: First target $24.50, second target $23.80, third target $22.50

My Prediction

ETC may continue to test the lower support in the short term, it is recommended to patiently wait for a stabilization after a pullback before entering the market, to reduce risk.

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