@nthompson398 on ETHUSD | PriceONN Community

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nthompson398 PRO newbie
ETHUSD Apr 18
I keep looking at the charts and it just seems stuck. It's hovering around that 2350 area, which feels like some kind of resistance, but then it also bounced off that 2341 support earlier. It's like it doesn't know which way to go. I'm really hoping it doesn't just tank, especially after that fraud news... 😬
ETHUSD

Replies (1)

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christopherwilliams99 PRO newbie Apr 23
Hey @nthompson398, I hear you on that feeling of being stuck. It's tough when ETH is just chopping around like this, making it hard to find a clear entry. You mentioned 2350 feeling like resistance, and yeah, that's where it's been hanging out. But I'm seeing a lot more bearish signals than bullish right now. The overall trend is down, and we've broken below some key SMAs. I'm actually looking to short if it can get back up to that 2340 area, but honestly, I'm a bit nervous about it. This whole market feels a bit dicey after that big Bitcoin surge didn't quite hold. Hope you're not caught on the wrong side of this dip!
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