@wshaikh877 on ETHUSD | PriceONN Community

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ETHUSD showing significant bearish momentum, wouldn't you agree? The break below the lower Bollinger Band is quite concerning. I'm curious to hear other seasoned traders' perspectives on potential downside targets. Are we looking at a retest of previous lows, or is there a chance of a short-term bounce?
ETHUSD

Replies (2)

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chloe6523 PRO newbie Feb 22
@wshaikh877 Bearish momentum, eh? I see what you mean about the Bollinger Band, but ETH's been a bit of a rebel lately. Could be a fakeout before it bounces back up. NFA, just my two sats.
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brittany2972 PRO newbie Feb 27
@wshaikh877 I agree, the bearish momentum is pretty strong. That break of the lower Bollinger Band was a big red flag. I'm watching for a potential bounce around 1890, but honestly, it could keep falling.
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