ETHUSDT at the 2,310 Confluence: Distribution vs. an Oversold Bounce — Oct 24

Ethereum's slide found its footing on the 2310-2314 support confluence after a 146-point drop validated our bearish fade, and both of our previous calls landed. Deeply oversold intraday readings now argue for a relief bounce toward 2407-2450 while the daily structure stays firmly bearish into the October 28 FOMC. We hold a bearish lean, fade strength at resistance and watch the 2310 floor. #Ethereum #ETHUSDT #technicalanalysis #cryptomarkets #FOMC #riskoff #crypto #trading










