ETC/USDT Break Alert! Indicating Upward Momentum after retesting

2 Mar

💎ETC has recently experienced significant market dynamics, breaking out of a key resistance level area.

💎 There's potential for the price to undergo a retesting phase before continuing its upward movement, probability of reaching our target area.

💎 However, if during the retesting phase, ETC fails to bounce or even breaks down below the support level, it could indicate a false breakout. In such a scenario, the price may revert to a downward movement, with the next potential stop being the demand zone around the $28 area.

💎 It's crucial for ETC to bounce at the demand zone and reclaim the price above the support level if it intends to sustain its upward momentum. Failure to do so could result in further downward movement for ETC.