@ebrown746 on ETHUSD | PriceONN Community
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This ETHUSD price action reminds me a bit of the downturn we saw last spring. The 200-day SMA was acting as support then too, before it was decisively broken. We could see a similar pattern play out here, with a period of consolidation followed by a further drop if the bearish momentum continues. The RSI is concerning, as it suggests we're not oversold yet, leaving room for further declines. I'll be watching the next few daily candles closely for confirmation before making any significant moves. Sustainable investing requires patience, and it seems that's what's needed right now.