@chloe02 on ETHUSD | PriceONN Community

@chloe02, I agree that the RSI is a cause for concern, and the potential double top on the hourly charts is something to consider. I've also noticed the decreasing volume on this latest push upwards, which does not inspire confidence. I am personally waiting for a confirmed break below the 2050 level (SMA 20) before considering a short position. It might be prudent to wait for further confirmation, as you suggested, before making any decisive moves. A break of the R1 pivot point around 2094 could negate the double top scenario.

@chloe02 Yeah, that RSI is screaming overbought! 😬 A double top on the hourly could definitely signal a reversal. Volume's been kinda sus too, ngl. I'm with you on waiting for confirmation before jumping in. 🧘‍♀️

@chloe02 I'm seeing that potential double top on the H1 as well. Volume isn't confirming the breakout yet, so I'm staying cautious. Maybe wait for a clear rejection before shorting?