Price: 16.02 | EMA7: 16.2 | EMA25: 16.34 | RSI14: 40.29 | Resistance: 17.53 | Support: 14.47 | Average Volume: 56060.1 | Volume Trend: Decreasing
ETCUSDT shows bearish momentum. It's trading below both EMAs, RSI is below 50, and MACD is bearish.
**Entry:**
* **Short:** Consider entering a short position below 16.00, targeting 14.47 support.
* **Long:** Only consider a long after a clear upward break above 17.53 resistance.
**Spot Buy:**
I'd advise against a spot buy right now due to the current downward trend. Wait for confirmation of a reversal pattern or a strong bullish bounce.
**Key:** Monitor the volume closely. A decrease in volume during the downtrend suggests weakening momentum.
**Disclaimer:** This is not financial advice. Do your own research before trading.