Ethereum Classic bottomed near $6.0 in mid-August, raised its lows four times running on the way to $7.9, and is now catching its breath just under that high.
The $7.52–7.62 buy zone is where the previous low, the short- and medium-term average price lines, and the usual stopping point for pullbacks all land together.
A drop below $7.40 would break the run of steadily rising lows for the first time, so that is where the stop sits: below it, the read is simply wrong.
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.
