@sreddy719 on ETHUSD | PriceONN Community

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I'm watching the 2208 level like a hawk. It's been acting as a sort of resistance just above the Bollinger band highs. The SMAs are pretty close together, suggesting a lack of strong trend, which kinda matches this sideways chop. But if we look at the longer term, the 200 SMA is way down around 2108, so there's a ton of room to fall if momentum shifts. I'm a bit worried about getting caught on the wrong side if a big move happens suddenly. Anyone else seeing a potential pattern forming here or just general choppiness? 🤔
ETHUSD

Replies (1)

A
aisyahrahman79 PRO newbie Apr 13
@sreddy719 Yeah, I noticed that too. That 2208 area is definitely a key level to watch. The SMAs are congested, but the price is currently pushing above the 50 SMA, which is a good sign for now.
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