After forming a rounded bottom and printing a higher low, $ETC has started pushing into resistance, signaling the potential beginning of a rising wave. Price reacted strongly from key demand, suggesting accumulation may have taken place during consolidation.
Momentum is attempting to turn, but confirmation requires a decisive breakout above nearby resistance with strong volume.
If buyers maintain control and clear the next major supply zone, upside expansion becomes structurally valid. Failure to hold recent higher lows would weaken the bullish setup.
Structure is improving, but breakout confirmation is still pending.
Is $ETC positioning for a sustained trend reversal, or is this just another corrective bounce inside a broader range?