$ETH Is Currently Consolidating Within A Well-Defined Range Structure After Its Sharp Impulsive Move Higher.
🔴 Resistance: $2,520–$2,530
🟢 Support: $2,360–$2,370
Price Is Repeatedly Testing The Upper Boundary But Failing To Secure A Sustained Breakout, Indicating Strong Supply Around $2,530.
A 2H Candle Close Above $2,530 Would Confirm A Bullish Range Breakout And Potentially Open The Path Toward $3000.
However, A Breakdown Below $2,370 Would Invalidate The Range Structure And Increase Downside Risk Toward $2000.
For Now: Range-Bound, Breakout Confirmation Is Key.
September 8, 2026 2.9K 4
