@david4534 on ETHUSD | PriceONN Community

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Feels like everyone's waiting for something big to happen with ETH. The whole market's kinda jittery, you know? Sideways action usually means a big move is coming, but which way? I'm leaning bearish with the current trend, but keeping my options open. Gotta be ready to flip the script if it goes the other way.
ETHUSD

Replies (1)

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david4534 PRO newbie Mar 4
update: So, about that bearish lean... I'm seeing some potential support around 1960. RSI isn't oversold yet, but it's getting there. I'm thinking a small long position with a tight SL around 1950 might be worth a shot for a quick scalp. But if it breaks down further, I'm out. No room for sentimentality in this game. Gonna watch the Bollinger Bands closely for any signs of a reversal. This Asian session is quiet, could be a good opportunity to enter before the Europeans wake up.
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