There are so many unknowns right now that any modeling is going to have issues, best you can do is state your assumptions clearly, and explore the ones that seem most likely in some depth. Otherwise you just end up with an ensemble of models that could result if nearly anything.
Talking to people who study this stuff for a living, it's not an unreasonable assumption at this point.
Plateauing during stringent isolation (if that is the case) isn't' evidence against this, I think.
The big problem is that there still are not anything like good population estimates in the US, and unlikely to be since serious testing isn't done. Death and hospitalization statistics are better (but can get inaccurate if systems are overwhelmed) so the best the modelers can do is try and project from countries with better data ... inherently this is not as good as having good local data.