ETC – Technical Analysis

Trend: Clear downtrend. Price keeps respecting the descending trendline and just made a fresh breakdown.

Key Level: The prior support zone around 11.5–11.8 flipped into resistance and got rejected hard.

Momentum: RSI ~30 → oversold territory. Selling pressure is strong, but a short-term relief bounce is possible.

Current Price: ~9.8, sitting just above trendline support.

@Ethereum $ETC #Ethereum!

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