Ethereum rallied hard through August from the $1,900s to $2,565, and is now catching its breath around $2,400 in what looks like a pullback rather than a top.
The recent bounce low, the 12-hour average price line and the lower volatility band all stack between $2,376 and $2,402, so that is where we buy the dip.
$2,355 is the last low the August advance left behind. A close below it breaks the whole rising structure, so the stop sits just under it at $2,348.
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.
