@jwilson132 on ETHUSD | PriceONN Community

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jwilson132
ETHUSD's current price at 2061.67 shows significant bullish momentum, which is exciting. However, the RSI is at 70.6, indicating it's quite overbought on the 14-period. I'm trying to determine if this rally can sustain itself or if a pullback is imminent, potentially offering a better entry point for a covered call strategy. It's a bit challenging to predict which way it will go next after such a strong move.
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