$ETC H Faces Strong Rejection — Short Opportunity Active 🔻

Short Trade Signal (Day Trade):

Sell Zone: 2960 – 3020

Take Profit Targets: 2920 → 2875 → 2800

Stop Loss: Above 3085

Leverage: 20–40x (risk 1–2%)

ETHUSDT Perp: 2,927.87 (-1.54%)

Spot Traders: Hold off on fresh spot buys at these levels. Optimal accumulation zone is closer to 2750–2650 if price shows signs of support.

Why This Setup:

On the 1H chart, Ethereum failed to break and hold above 3000–3050, forming lower highs as every bounce gets sold quickly. This shows buyers are weak and momentum favors the downside.

The 1D chart confirms the broader bearish trend — price remains below key resistances and downward trend lines. The recent upward move is corrective, not impulsive, with volume signaling selling strength.

Market sentiment is cautious across top cryptocurrencies, and $ETC TH is tracking Bitcoin’s corrective moves. Until Ethereum convincingly clears 3080–3100, short-side trades have higher probability.

Key Levels to Watch:

Support Zones: 2875 – 2800 | 2700 – 2650

Resistance Zones: 2960 – 3020 | 3080 – 3150

Trade Reminder:

As long as price stays below 3085, look for selling opportunities on rallies. Patience and disciplined risk management are key. Protect your capital and trade smart.

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