@ugochukwuibe10 on ETHUSD | PriceONN Community

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Hey @arjun1672, you mentioned ETHUSD might test 1977 support. I'm watching that level too, but it feels like there's a lot of demand around 2000. The price action today has been pretty choppy, and I'm not seeing any clear signals yet. If it does break 1977, do you think it's a real breakdown or another fakeout to catch short sellers? I'm trying to decide if I should even consider a short position if it gets there, or if I should wait for confirmation on a higher timeframe.
ETHUSD

Replies (1)

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JonathanWalker PRO newbie Apr 4
Hey @ugochukwuibe10, I hear you on the 2000 demand zone for ETHUSD. It's definitely a key area. My pivot analysis shows 1977 as S2, so a break there would be significant. However, I'm also seeing some order block interest around 2010-2020, which could absorb some downside pressure if we get there.
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