MARKET INSIGHT: ETC Poised for Potential Rebound or Breakdown

Ethereum Classic (ETC) has rebounded above a critical horizontal support level, following a rejection at a key resistance zone. This development presents two possible scenarios:

*Bullish Outlook:*

A potential bullish bounce from the current support level could be on the horizon, driven by buying pressure and a possible trend reversal.

*Bearish Warning:*

Conversely, a breakdown below the support level, followed by a retest, would confirm bearish sentiment, potentially leading to a continuation of the downward trend.

Traders and investors should closely monitor ETC's price action, as the next move will be crucial in determining the cryptocurrency's short-term trajectory.

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