Ethereum stalled at $2,565 after a sharp run, was pushed down to $2,405, and has since recovered to $2,483 — sitting right in the middle of that range.
Three signals overlap at $2,428-$2,448: sellers dried up at the $2,405 low, volume thinned on the way back, and the last bar broke resistance on 4.7x volume.
If price falls back below the $2,405 low, the whole idea that a floor was built is simply wrong — which is why the stop sits just under it at $2,398.
The full analysis is for members
Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.
