On the 1-hour ETH chart, the price is consolidating just above the lower Bollinger Band after a pullback. There is no sign of a high-volume breakdown or sharp selloff, suggesting a base-building phase following the correction. The price found support near 2,400, while the KDJ indicator also fell into a low range. The J value is at 9.12, nearing oversold territory, so a bullish crossover and rebound could occur at any time. A short-term rebound is expected.
Reference: Long at 2,411, target 2,441, stop-loss 21 points. #eth