ETHEREUM At $2,438: Bullish Rebound Or Bearish TrapEthereum / US DollarCOINBASE:ETHUSDglobuscapitasETH/USD | 1-Hour Chart | October 16, 2026 Ethereum has staged a strong rebound from the $2,330–$2,340 region, climbing toward $2,460 before facing selling pressure. Price is now hovering around the $2,438–$2,441 POC zone. The next move depends on whether buyers can reclaim nearby resistance or sellers push ETH back toward lower support levels. 🎯 The Globus Capitas Trading Plan 🟢 Bullish Scenario — Buy the Breakout Trigger: a sustained move above $2,441–$2,450, followed by confirmation or a successful retest. - Target 1: $2,482.72 - Target 2: $2,519.70 - Target 3: $2,560.68 🔴 Bearish Scenario — Sell the Breakdown Trigger: a confirmed break below the $2,430 area, followed by a failed reclaim. - Target 1: $2,401.75 - Target 2: $2,366.77 - Target 3: $2,333.79 🔍 What the Chart Is Telling Us - 📈 Recovery is visible: ETH has bounced strongly from its recent lows, but follow-through buying is still needed. - ⚖️ POC is the battleground: Price is currently near $2,441. Holding above this area could help buyers regain control. - 🚀 Bullish confirmation: A sustained move above $2,450 may open the way toward $2,482.72. - 🐻 Bearish confirmation: Failure to hold near $2,430 could expose $2,401.75 and lower support levels. - ⏳ Avoid the middle: If price remains trapped around the POC, wait for a clearer setup instead of chasing candles. 💡 The Globus Capitas Rule Trade the confirmation, not the anticipation. Wait for a candle close and follow-through on the 1-hour chart. Define your stop-loss before entry, control position size, and avoid excessive leverage. 💬 Your view: Will Ethereum break above $2,450 and target $2,482—or will sellers drag it back toward $2,401? 👇 Comment BULLISH 🟢 or BEARISH 🔴. — Globus Capitas | Decode the Market. Trade with a Plan. 💚 Follow Globus Capitas for structured crypto analysis and disciplined trading education. ❤️ Market Wisdom to Remember: ❤️ ⭐ Trade what you see, not what you assume ⭐ Follow the trend — it's your only true friend ⭐ The chart tells the real story — trust it ⭐ Emotions & assumptions have no place in trading ⭐ Capital protection comes first — always At Globus Capitas, our mission is to empower individuals globally with the knowledge and skills needed to navigate financial markets confidently and work towards achieving their financial goals. 💪 🚫 Disclaimer: The information provided is purely educational. No buy/sell recommendations. Always do your own research, assess your risk tolerance, and consult a financial advisor before making any investment decisions. We are not responsible for any profit or loss. 💡 Your support matters! Like, comment, and follow to stay updated and motivated. Cheers & Trade Smart! 🚀