❓ Is $ETH carving a double bottom at $2,406?
✅ Oct 8 low $2,406, Tuesday low $2,409: same floor, held twice
✅ Tuesday's wick was bought back ~$120 within 4 hours
⚠️ Still under the 50 & 200 EMA ($2,558 / $2,587)
⚠️ Not confirmed until a 4H close over the $2,580 neckline
📍 Now $2,530 · 4H RSI 51 · volume spiked on the 00:00 UTC flush
🎯 My take: over $2,580 → ~$2,750 measured move; under $2,406 = setup void
💬 Will the neckline break before CPI or after? 👇
#ETH #Ethereum #TechnicalAnalysis
✅ Oct 8 low $2,406, Tuesday low $2,409: same floor, held twice
✅ Tuesday's wick was bought back ~$120 within 4 hours
⚠️ Still under the 50 & 200 EMA ($2,558 / $2,587)
⚠️ Not confirmed until a 4H close over the $2,580 neckline
📍 Now $2,530 · 4H RSI 51 · volume spiked on the 00:00 UTC flush
🎯 My take: over $2,580 → ~$2,750 measured move; under $2,406 = setup void
💬 Will the neckline break before CPI or after? 👇
#ETH #Ethereum #TechnicalAnalysis