$ETC /USDT Near Key Demand Zone — Reversal Bounce or Breakdown Trap?
$ETC is trading around 7.98, pressing directly into a daily support pocket near 7.95–7.76 after failing to sustain upside momentum from the 8.37 intraday high, and this price action is now sitting at a make-or-break level that Binance traders should watch closely. The structure shows seller exhaustion near support, while the order book still hints at bid-side interest, which keeps a bounce play valid as long as bulls defend this base. A clean reclaim above 8.06–8.10 could trigger a short-term reversal push toward 8.25 and then 8.37, while a stronger breakout may open room toward the previous supply zone near 8.48. Trade idea: Entry 7.95–8.02, TP1 8.25, TP2 8.37, TP3 8.48, SL 7.74. The key technical trigger here is simple: watch for a strong bullish reaction candle, volume expansion, and hold above 8.00—that combination can turn this support retest into a sharp mean-reversion bounce; but if 7.95 cracks with force, the setup flips bearish fast.