@thomasmorris54 on ETHUSD | PriceONN Community

This ETHUSD setup reminds me of early January 2024. We saw a similar period of consolidation followed by a strong bullish breakout driven by geopolitical tensions, much like the news of the US and Israel military action. Back then, the initial surge was followed by a brief pullback to the 20 SMA before continuing its upward trajectory. I'll be watching for a similar pattern to unfold here. If we see a retracement to the 1967 level (20 SMA), it could present a good opportunity to add to long positions. However, remember to manage risk and use appropriate stop-loss levels!