@omolara7522 on ETHUSD | PriceONN Community
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Considering the current oversold RSI on the ETHUSD chart, a cautious approach is advisable. While a short-term bounce is possible, the prevailing downtrend suggests further declines. Monitoring price action around the S2 pivot level at 1935.29 could offer clues about the strength of the bearish momentum. It is prudent to await further confirmation before initiating any long positions.