@justin4863 - ETHUSD | PriceONN Topluluk
Examining the pivot points, ETHUSD faces immediate resistance at R1 ($1983.76) and R2 ($1991.01). A successful breach of these levels could signal further upside potential. Conversely, support lies at S1 ($1972.19) and S2 ($1967.87). It's crucial to observe price action around these levels. The current RSI reading of 55.4 does not suggest overbought conditions, so I wouldn't necessarily expect a sharp reversal based on that indicator alone. However, combining RSI with price action near resistance levels could offer a more comprehensive view. Prudent risk management is paramount in these volatile conditions.