Ethereum rallied hard through August, turned lower at $2,565, slid to $2,382, and is now holding just above that floor rather than breaking it.
The $2,380-$2,392 band stacks three things: a floor bought three separate times, the limit of a normal give-back of August's gains, and stops pooled under the lows.
If that floor gives way and a half-day session closes below $2,355, August's rising structure breaks, which is why the stop sits just under it at $2,351.
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.
