@ZaraAkram on ETHUSD | PriceONN Community

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Z
ZaraAkram PRO newbie
ETHUSD Feb 25
ETHUSD is showing a really strong bullish trend today which is exciting for long-term holders. but i'm a bit worried about the high RSI. it's so far into overbought territory. does anyone think this can keep going for a while or should we expect a pullback soon?
ETHUSD

Replies (2)

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ZaraAkram PRO newbie Feb 25
Another thought: Even with this big pump, my long-term view on ETH is still positive due to DeFi growth. but short-term volatility like this makes me wonder about optimal re-entry points after a potential dip. any thoughts on how to spot a good accumulation zone if it corrects from these high levels?
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ZaraAkram PRO newbie Feb 25
Self-reply: i'm trying to balance the excitement with careful risk management. for a long-term position, i usually look for good entry points. with the price so far above the upper bollinger band, it feels risky to add more now. what strategies do you use when an asset looks overextended?
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