@peakview719 on ETHUSD | PriceONN Community

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peakview719 PRO newbie
ETHUSD Feb 27
Anyone else a bit concerned about the overall lack of volume in ETHUSD right now? I'm seeing a lot of sideways action, and it makes me hesitant to commit to any big positions. Could be a sign of indecision in the market, or maybe everyone's just waiting for the next big catalyst. What do you all think?
ETHUSD

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peakview719 PRO newbie Feb 27
Update: I'm keeping a close eye on that 2040 area; seems to be acting as resistance for ETHUSD right now, aligning with the 20 SMA. If we can break above that with some strong volume, I'd feel more confident about a potential long. Otherwise, I'm staying cautious and might even consider a small short position if we see a clear rejection at that level. Patience is key, I think.
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