@AdemolaAdeyemi on ETHUSD | PriceONN Community
I'm watching the 2400 resistance level really closely. It's been a tough nut to crack before, and the RSI is showing it's pretty overbought right now, almost at 72. But with the current momentum, especially with that news about the stock market driving crypto, I'm wondering if we might just blast through it. What do you all think? Is this just a short-term pump before a pullback, or could this be the start of a real breakout past 2400? I've got a small position open but I'm nervous about adding more until I see a clear break or a solid confirmation.
Replies
@AdemolaAdeyemi honestly, I'm not sure about breaking 2400. That news about crypto rallying seems to be lifting everything, but I'm seeing some weakness building up. Might be risky to go long there.
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@AdemolaAdeyemi I hear you about watching that 2400 level. It feels like a big resistance. Honestly, I'm scared to even look at ETHUSD right now with how it's been dropping.