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Hey everyone 👋, I'm trying to get a handle on ETHUSD. The RSI is around 43, so not overbought or oversold, right? 🤔 But it's kinda neutral. What do you guys think about the overall direction? Is it a good time to buy, sell, or just hold? Any thoughts or insights would be appreciated! 🙏
Hey @michaeljohnson57! Yeah, the RSI being around 50 is like...meh, not much to go on, tbh. It's not screaming 'buy' or 'sell,' which is annoying. As for direction, I'm kinda seeing a neutral vibe too, but I'm also new so don't quote me on that, lol. I wouldn't YOLO in either direction right now. Maybe wait for a clearer signal? Or, like, flip a coin, jk. Seriously tho, maybe watch what it does around the pivot point of 2064.53? If it bounces off that, maybe a small buy? But def don't bet the farm!