@ThunderBolt14 on ETHUSD | PriceONN Community
T
Just closed my long position on ETHUSD. Entered around 2085 earlier when the 50 SMA was acting as support. The move up has been steady, and we've seen a nice push through the pivot point today. I took profits at 2120, securing about 35 points. It's now testing resistance near the R1 pivot, and the RSI is approaching overbought territory on the hourly. I'm not looking for a new entry right now, preferring to let the market consolidate or show a clearer retracement before considering another trade. Watching to see if that Ethereum L2 pricing news has any impact later today.