$ETC found solid demand around $12.70, where selling pressure was fully absorbed and price reversed aggressively. That move changed the immediate structure and signaled that buyers are willing to defend lower levels.

Price is now stabilizing around $13.10, an area where supply previously capped upside. What’s notable is the lack of strong rejection pullbacks are shallow and quickly bought, pointing to accumulation rather than exhaustion.

Holding above $12.95–13.00 keeps the upside scenario intact, with $13.30–13.50 as the next area to watch. Failure to maintain current levels would likely lead to range-bound movement, but momentum is gradually improving.

ETC is rebuilding strength, step by step.
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