$ETC / USDT (1H) — Short Setup
Entry: 9.30 – 9.45
SL: 9.67
TP1: 9.05
TP2: 8.83
Strong impulsive breakout straight into 9.40–9.60 resistance followed by immediate stall. After a vertical expansion like that, price is now consolidating under supply — classic signs of momentum cooling and potential distribution.
Bearish while below 9.67. If sellers gain traction, we could see a rotation back into 9.00 liquidity first, with deeper downside toward 8.83 prior support.