@bilalskier on ETHUSD | PriceONN Community

Update: I've also observed the Bollinger Bands are narrowing, suggesting a period of consolidation. The middle band is currently at 1982.88, almost exactly the 20 SMA. A breakout from this consolidation phase could lead to a significant move. If price breaks above the upper band (around 2036), it might indicate a strong bullish signal, targeting R2 at 1999.25. Conversely, a break below the lower band (around 1929) could see a test of S2 near 1946.27. I will monitor the volume for confirmation.