source avatarDami-Defi

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$ETH is testing the $2,380–$2,400 support band on the daily chart after pulling back from roughly $2,800. I’m watching this as a potential rebound from the same base that supported the August and September consolidation. My first upside checkpoint is $2,500, followed by the drawn resistance near $2,550. A daily close above $2,550 and a subsequent hold would strengthen the case for a return toward $2,780–$2,800. Currently the negative MACD histogram is shrinking, although there is no bullish crossover and RSI remains around 41. I lean toward a bounce while this support band holds. A daily close below $2,380 would weaken that view and put the recent lows around $2,300–$2,320 back in focus.

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