đ ETC/USDT: Ethereum Classic Reclaims $9.00! đ„$ETC is showing significant strength today, staging an aggressive recovery that has successfully pushed the price back to the critical $9.00 psychological milestone.
đ Technical Snapshot:
* Current Price: $9.00
* Today's High: $9.03
* Trend: Strong Bullish Recovery
On the 1-hour timeframe, ETC found solid ground at the $8.71 local low before embarking on a steady upward climb. The price is currently trading well above its short-term moving averages, and the recent candle closes above $9.00 indicate that bulls are attempting to flip this previous resistance into new support.
đĄ Strategic Outlook:
* Immediate Resistance: The next target is the $9.05 - $9.15 zone. A sustained breakout above this area could trigger a rally toward $9.75.
* Key Support: The $8.80 level now serves as a vital safety floor. As long as ETC holds above this, the bullish structure remains intact.
* Volume Analysis: The steady increase in trading volume during this ascent validates the move, showing genuine buying conviction at these levels.
Trading Tip: Since the price is currently at a major psychological level, watch for a potential minor "retest" of the breakout zone. Entering near $8.90 could provide a better risk-to-reward ratio. Always use a Stop Loss to protect your capital!
#ETC #EthereumClassic #BinanceSquare #CryptoAnalysis #BullishBreakout $ETC
