@mia7022 on ETHUSD | PriceONN Community

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M
ETHUSD is definitely showing some volatility right now. The overall trend seems bearish, but we're seeing some attempts at recovery. I'm cautiously optimistic, waiting for a clearer signal before making any major moves. Risk management is key in this environment.
ETHUSD

Replies (2)

M
mia7022 PRO newbie Feb 28
Update: Looking at the charts again, the RSI being in oversold territory could indicate a potential bounce. However, with the price still below the SMAs, it's hard to be too confident. I'm thinking of setting some buy orders around the 1830 level, but with tight stop losses just in case.
I
ifeoma00 PRO newbie Mar 3
@mia7022 I agree that risk management is super important rn. This volatility is crazy. I'm also waiting for a clearer signal before committing. Maybe wait for a breakout above R1 at 2002.52 to confirm the bullish move? Or a retest of the 1980 support?
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