@bokorie660 on ETHUSD | PriceONN Community
B
ETHUSD has seen quite a significant push recently, now trading around the 1933 mark. The RSI is currently at 75.1, which indicates it's well into overbought territory. This usually suggests a potential for a pullback or consolidation.
However, we are also approaching the 200-day SMA at 1940.43, which could act as a key resistance level. For those focusing on swing trades, what are your thoughts on potential entry or exit points around these critical levels?
However, we are also approaching the 200-day SMA at 1940.43, which could act as a key resistance level. For those focusing on swing trades, what are your thoughts on potential entry or exit points around these critical levels?