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This ETHUSD drop is quite something. Looking at the H4 chart, we're testing the 200 SMA around 2163. If that breaks, might see further downside. The RSI is certainly in oversold territory though, so a bounce isn't out of the question. Need to see volume confirmation on any move.
Hey @mumManish30, I see what you mean about the 200 SMA. But honestly, volume looks pretty weak right now. It's not really confirming this little bounce. I'd wait for a real surge before calling a bottom here.
