???? Chart Analysis (Daily)

Ethereum Classic (ETCUSDT) has been trading within a narrow range over the past 24 hours, with a low of 20.37 and a high of 21.14. The current price stands at approximately 20.92, indicating a slight bearish sentiment as it hovers near the lower end of this range.

Market participants are observing the price action closely, as it approaches key levels that could dictate the next move. The lack of significant volatility suggests a period of consolidation, with traders waiting for a breakout or breakdown.

???? Support & Resistance

• Immediate Resistance: 21.14
• Immediate Support: 20.37
• 24h High: 21.14
• 24h Low: 20.37

???? Pattern Observations

• The price is forming a potential channel, indicating a range-bound market.
• Volume has been relatively low, suggesting a lack of strong conviction among traders.
• Sentiment indicators are neutral, reflecting indecision in the market.

???? Probability Breakdown (Daily)

• Bearish %: 40
• Bullish %: 30
• Sideways %: 30

???? Summary

If the price breaks above 21.14, it could signal a bullish reversal, while a drop below 20.37 may lead to further bearish momentum. Traders should monitor these levels closely for potential trading opportunities.