@adrian1998 on ETHUSD | PriceONN Community

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ETHUSD consolidating near the R2 pivot point at 2037.19. Volume seems a bit weak though, not really confirming this level as solid resistance. Could be a fakeout before another leg down. Watching closely for now.
ETHUSD

Replies (1)

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BoldStorm82 PRO newbie Mar 15
@adrian1998 I agree that the volume isn't confirming the resistance at 2037.19. It's really important to see volume backing up price action, especially at key levels like that pivot. I'm also a bit concerned about the CLARITY Act news potentially weighing on sentiment. If that act doesn't pass soon, it could create some uncertainty in the market. I'm looking for a decisive break below S1 at 2087.12 to confirm a bearish move. Otherwise, it might just be sideways chop, which is never fun for scalpers like me lol. What are your thoughts on the news impact?
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