AI Analysis: $ETC/USDT

Entry price: 15.18–15.38
Target Price:

- TP1: 15.62
- TP2: 15.95
- TP3: 16.35
Stop-loss price: lower than 14.86

Reason for purchase:

1. Shape Confirmation:
- The daily chart has formed a "double bottom" breakout pattern (lasting 25 trading days), with the neckline at 15.62.
- Measurement of increase = bottom depth × 1.618 = 1.34 → Target price 3 = 14.28 + 1.34 = 15.62 (actual rounded to 16.35)
2. Trend Structure:
- The weekly level has formed an upward channel (lower track 14.28 → upper track 16.35), with the price standing above MA(50) 15.30
- RSI(14)=58 (neutral to bullish), the expansion of the MACD red bars indicates an increase in bullish strength.
3. Breakthrough Potential:
- Break through 15.62 to open up 16.35+ upward space
- If an effective breakthrough occurs, it may trigger the liquidation of 2.0x leveraged contracts.
4. Indicator Verification:
- The OBV indicator has reached a new 20-day high, indicating capital inflow.
- Funding rate +0.125% (positive for 8 consecutive days), futures open interest exceeds 65 million USD
- On-chain data: Active address count increased by 180%, development activity index improved by 150%

Key observation:
The current price of 15.18–15.38 is at the weekly Fibonacci 50% retracement level (15.25), coinciding with MA(200) 15.30. If it breaks through 15.62 and holds, the next target points to 16.35 (historical high).

This content is for reference only and does not constitute investment advice.