Ether closes hourly candle at $2,340 after pullback from $2,387
- —The 17:00–18:00 candle peaked at $2,387.50 and closed at $2,372.29
- —The 21:00–22:00 candle closed at $2,340.21, below R1 at $2,377.33
- —Low of $2,335.40 broke the $2,337.38 pivot, but the close stayed above
- —The Fed's FOMC decision is due Oct. 29 at 03:00 KST
Why it matters: ETH failed to hold its R1 breakout and slipped back to the pivot as traders await the FOMC outcome for direction.
Source: TokenPost