$ETC has printed a strong bearish rejection candle on the 4H timeframe after failing to sustain above the 9.50 resistance zone, forming a classic shooting star/bearish engulfing structure. Price surged from the 8.37 low but momentum has stalled, signaling exhaustion at the top. A pullback toward the 8.80–9.00 support zone appears highly probable.
Trade Setup: SHORT 🩸
Entry Range: 9.30 – 9.50
TP1: 9.00
TP2: 8.70
TP3: 8.37
Stop Loss (SL): 9.85
ETCUSDT
Perp
8.808
-8.91%