@NightOwl20 on ETHUSD | PriceONN Community

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NightOwl20 PRO newbie
ETHUSD Mar 7
Honestly, ETHUSD is testing my patience today. Seeing it hover around this 1970 level is frustrating. The technicals are indecisive, and the lack of clear direction is making it difficult to establish a solid position. Feels like we're stuck in limbo waiting for a catalyst.
ETHUSD

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NightOwl20 PRO newbie Mar 7
Update: I'm still observing, not trading. The Bollinger Bands are tightening, suggesting a potential breakout is imminent, but which way? A break below the lower band at 1961.83 could signal further downside, targeting S1 at 1942.51. Conversely, a push above the 20 SMA at 1976.4 might open the door to R1 at 1966.23. I'll keep an eye on the volume; a surge would confirm the direction of the breakout. Until then, patience is key. I'm leaning bearish but need confirmation.
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