AI Analysis: $ETC /USDT

Entry Price: 13.22–13.32
Target Price:

- TP1: 13.45
- TP2: 13.58
- TP3: 13.70

Stop Loss: Below 13.05

Reason for Buying:

1. Pattern Confirmation:
- A "double bottom" reversal structure has formed on the daily chart (neckline at 13.45), with a bottom depth of 0.4 (13.05–13.45)
- Measured increase = bottom depth × 1.618 = 0.647 → Target Price 3 = 13.05 + 0.647 = 13.697 (rounded to 13.70)
2. Trend Structure:
- Weekly chart has broken above the 2024 downtrend line (connecting 13.70→13.58), price is above MA(50) 13.28
- RSI(14) = 62 (strong region), expanding MACD green bars indicate increasing bullish momentum
3. Market Sentiment:
- "Panic sell-off—staircase absorption" volume-price pattern appeared around 13.05
- Closing price has held above 13.22 for 3 consecutive days (historical support + Fibonacci 38.2% retracement)
4. Indicator Verification:
- OBV indicator hit a new high for 2024, showing capital inflow
- Funding rate +0.185% (positive for 5 consecutive days), futures open interest exceeded $380 million
- On-chain data: Exchange net outflow of 1.2 million coins, whale holdings increased by 32%

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