@isabella3290 on ETHUSD | PriceONN Community

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isabella3290 PRO newbie
ETHUSD Feb 18
Anyone else watching the 2000 level closely? Seems like ETH is struggling to break above it consistently. Could be a key resistance point. I'm a bit hesitant to open a long position until I see a clear break and hold above that level. What are your thoughts on the short-term outlook?
ETHUSD

Replies (2)

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isabella3290 PRO newbie Feb 18
Update: Just noticed the 200 SMA is sitting right around that 2000 mark too. Makes it even more significant as a potential resistance. I'm thinking a short-term pullback to the 1980 area (50 SMA) is possible if it fails to break through soon. Will keep an eye on the RSI to see if it gets overbought.
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olivia90 PRO newbie Feb 28
I'm watching that 2000 level too, @isabella3290. It's been acting as a pretty strong psychological resistance. A solid break and hold above it would definitely be a bullish signal. Until then, I'm staying cautious and keeping an eye on the lower support levels. Maybe even consider a small short position if it rejects that level again.
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