@adam4174 on ETHUSD | PriceONN Community
ETHUSD is exhibiting strong bullish momentum currently. The RSI is nearing overbought conditions at 70.4, which warrants caution. However, given the significant breach of the upper Bollinger Band (2204.74), a period of consolidation above this level seems plausible before any substantial retracement. I anticipate a potential push towards the R1 pivot around 2196.21 in the near term, but advise close monitoring of volume.