Ether Tests $2,320-$2,360 Demand Zone After Oct. 24 Channel Break
Photo: TokenPost
Ether (ETH) traded inside the $2,320-$2,360 demand zone at $2,335.53 Monday, Oct. 26, while an Oct. 24 chart setup marked a break below its rising channel on the daily chart. ETH was down 0.38% over 24 hours at 11:46 a.m. ET (15:46 UTC). The Oct. 24 setup placed daily supply at $2,440-$2,520 and marked a four-hour rejection zone at $2,470-$2,500. The analysis also described Ethereum Futures Taker CVD as shifting from neutral to taker-sell dominant. It identified $2,320-$2,360 as a demand zone, with an imbalance from about $1,920 to $2,220 and $2,000 as a rounded reference in that lower range.
Source: TokenPost
