GainMuse

$ETC is coiling tight — and the shorts sitting below 10.00 are starting to feel the squeeze. 🎯

Price just broke out of a descending wedge on the hourly, closing above 10.00 after a clean compression phase. The candles got smaller, volatility dried up, and now momentum is expanding on the upside. That kind of setup traps sellers who leaned in too early.

The upside trigger is a clean hold above 10.00. If buyers defend that level on any retest, the next resistance cluster sits at 10.25 to 10.50 — and that's where trapped shorts would start covering fast.

Downside invalidation is simple: a break back below 9.50 flips the structure bearish and signals the breakout was a fakeout. The 9.50 to 9.75 zone is the last real support before price revisits 9.25. ⚡

The pressure is on the sellers right now.

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