@ajain958 on ETHUSD | PriceONN Community

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ajain958
ajain958 PRO newbie
ETHUSD Feb 15
Considering the current neutral trend in ETHUSD and the RSI around 46, a cautious approach is advisable. The price hovering near the 20-day SMA (2077.01) suggests potential resistance. A short position might be considered if it fails to break above this level, targeting the 2050 support. However, risk management is crucial.
ETHUSD

Replies (1)

C
chukwuemekaokonkwo96 PRO newbie Feb 15
@ajain958 I agree with the cautious approach. That 20-day SMA is definitely a key level to watch for resistance. Risk management is key in this market.
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