#Ethereum #PriceAction
$ETH /$USDT 1D | Levels and conditions
The latest completed 1D candle closed at 2,474.8 $USDT, below the 2,650.88 swing reference. The recent close through that reference has not yet been reclaimed.
Support reference: 2,356.41 $USDT (lower boundary of confirmed swing cluster).
Resistance reference: 2,566.53 $USDT (upper boundary of confirmed swing cluster).
The two developments to monitor:
A rejection at 2,566.53 would keep 2,356.41 as the next lower reference to monitor. A close below that support would add downside evidence.
A recovery above 2,566.53 would reduce immediate pressure. Reclaiming 2,650.88 would challenge the earlier breakdown.
1W context: The latest completed close is above the last confirmed major high. The earlier pattern (lower highs and lower lows) does not fully describe the current recovery; a new major swing sequence is still developing. Last completed close: 2,726.94 $USDT. The 1D development does not by itself establish a 1W reversal. Prior confirmed major high: 2,464.91 $USDT.
The latest Binance spot candle volume was 1.52x the mean of the preceding 20 completed candles. Participation was elevated, but volume alone does not establish continuation.
The nearby Order-block candidate spans 2,358.88–2,520 $USDT; the close is inside it. It is active under the disclosed rule, not a confirmed reversal or an automatic entry.
Last completed 1D candle: 08 Oct 2026 23:59 UTC.