🤔 Is $ETH coiling for a move after a higher low?
✅ Oct 16 low $2,393 held above the $2,318 Oct 15 low
✅ 12 hours stuck in a tight $2,407-2,435 band
⚠️ Still under 4H 20/50 EMA $2,445 / $2,487
⚠️ Oct 16 bounce died at $2,494, RSI only 45.5
📉 4H volume ~$30M, vs $276M in the Oct 15 drop
🎯 My take: 4H close > $2,494 → $2,556 (200 EMA); < $2,393 → $2,318
💬 Which side of the coil breaks first for ETH? 👇
#ETH #Ethereum #ChartAnalysis