#Ethereum #PriceAction
$ETH/$USDT 1D | Sweep, displacement and an internal structure break
1D price swept below 2,247.84 $USDT and closed back across it.
A later displacement candle closed above the confirmed internal swing at 2,391.55.
1W context: The broader confirmed swings show lower highs and lower lows.
Context close: 2,275.31 $USDT.
A 1D development does not alone establish a 1W reversal.
Support: 2,174.08 $USDT.
Resistance: 2,546.78 $USDT.
Order-block candidate: 2,237.38–2,317.84 $USDT; fresh.
Formation was confirmed at 04 Nov 2026 23:59 UTC.
Current stage: a later supporting retest has not been observed; zone fresh
A later retest that closes above 2,391.55 would support the local structure reading.
Closes below 2,391.55, with follow-through, would challenge that reading.
Binance spot volume: 1.48× the preceding 20 completed candles’ mean.
This is not unusually elevated participation.
Liquidity references are inferred from price; these candles do not reveal stop orders or institutional intent.
Last completed 1D: 04 Nov 2026 23:59 UTC.
$ETH/$USDT 1D | Sweep, displacement and an internal structure break
1D price swept below 2,247.84 $USDT and closed back across it.
A later displacement candle closed above the confirmed internal swing at 2,391.55.
1W context: The broader confirmed swings show lower highs and lower lows.
Context close: 2,275.31 $USDT.
A 1D development does not alone establish a 1W reversal.
Support: 2,174.08 $USDT.
Resistance: 2,546.78 $USDT.
Order-block candidate: 2,237.38–2,317.84 $USDT; fresh.
Formation was confirmed at 04 Nov 2026 23:59 UTC.
Current stage: a later supporting retest has not been observed; zone fresh
A later retest that closes above 2,391.55 would support the local structure reading.
Closes below 2,391.55, with follow-through, would challenge that reading.
Binance spot volume: 1.48× the preceding 20 completed candles’ mean.
This is not unusually elevated participation.
Liquidity references are inferred from price; these candles do not reveal stop orders or institutional intent.
Last completed 1D: 04 Nov 2026 23:59 UTC.
