Ercoin Evening Thoughts:


The trend clearly shows a descending channel with continuously lower highs and lows. Rebounds encounter resistance immediately, with bears dominating. Price is trading along the lower Bollinger Band, with the middle band at 2170-2180 acting as strong resistance. KDJ is at low levels with blunting but weak rebounds—only indicating oversold conditions, not a reversal. Rebounds lack volume and selling pressure persists.

Ercoin:
Entry in batches at 2160–2180. Targets: 2120 → 2080
$ETH
ETH0.48%
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