Ethereum climbed to $2,565 in August, pulled back to $2,355, and is now hovering around $2,406 while it decides on a direction.
The $2,355 low was nearly broken but held on a closing basis, and just above it the $2,362–2,388 area stacks earlier bounce levels with the rising average price line.
If $2,355 is lost on a closing basis, the last support of the August advance gives way — which is exactly why the stop sits below it at $2,337.
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.
