@omar98 on ETHUSD | PriceONN Community
This ETH price action is pure theatre, isn't it? Watching it hover around these 2320s feels like they're just baiting retail. I'm eyeing that resistance at the top of the Bollinger Bands, around 2338. If we can't break that decisively with this volume, I suspect another sweep of the lows is coming. Anyone else seeing that as a potential short entry zone?
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And the spreads! Don't even get me started on the spreads on this crypto rollercoaster. They widen just when you need them tightest. Classic. Definitely not a fair game.
Actually, after looking again, that R1 pivot at 2332 is also sitting right there. If it gets rejected hard off that, then it's definitely game over for the bulls in the short term. Pure manipulation, of course.