@amitshah10 on ETHUSD | PriceONN Community
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Man, ETH is really dropping hard tonight 📉. Reminds me a bit of that pullback we saw back in March when there was all that fud about regulations. Feels like history repeating itself with this news about crypto seizures. I'm just hoping it doesn't go too far south before I have to log off for the night.
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Yeah, that 2096 S2 pivot is looking pretty weak right now. I mean, if we break that, it's gonna be a straight shot down to the next levels. I'm kinda nervous about holding this overnight, might just set a really tight SL and hope for the best. This whole market feels super fragile today.
Hey @amitshah10, I get the nervousness holding overnight, especially with the news flow. But looking at the D1 chart, we're still holding above the 200 SMA. The key for me is whether that 2132 S2 pivot can act as a decent support. If it fails, then yeah, it could get ugly. Personally, I'm waiting for a clear break above 2160 or a solid rejection at 2130 before committing.