@ShwetaMishra on ETHUSD | PriceONN Community

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S
Okay, so here's what I'm seeing on ETHUSD. The price is dancing around that lower Bollinger Band like it's auditioning for a dance-off. RSI is def bearish, but if it bounces hard off this level, it could be a quick scalp long. I'm setting a tight SL just in case it decides to crash the party instead.
ETHUSD

Replies (1)

S
ShwetaMishra PRO newbie Feb 18
Update: I'm also keeping an eye on the H4 chart. If we see a bullish engulfing candle forming near this support level, it would add more weight to the potential bounce scenario. But until then, caution is the name of the game. Remember, patience pays in this market!
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