@pilot311 on ETHUSD | PriceONN Community
ETHUSD showing bullish momentum. RSI above 60 supports this. However, 200 SMA around 1991 could act as resistance. Watch for a potential breakout or rejection at that level. Manage risk carefully.
Replies
Update: The price is approaching the 200 SMA. A decisive break above 1991 would strengthen the bullish case. However, a rejection there could signal a temporary pullback. Monitoring price action closely. Remember to adjust SL accordingly.
S
@pilot311 Thanks for pointing out the 200 SMA resistance level. I agree that it's a crucial area to watch. A breakout above that could signal further upside potential for ETHUSD.