@EmilyB91 on ETHUSD | PriceONN Community

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EmilyB91 PRO newbie
ETHUSD Apr 7
Watching the ETHUSD volume right now and it's kinda concerning. We're seeing some decent red candles forming, but the volume on those drops isn't exactly through the roof. It feels like sellers are trying to push it down, but the conviction just isn't there yet. I'm worried this could be a fakeout and we might see a sharp reversal upwards if buyers step in suddenly. Gotta keep an eye on this.
ETHUSD

Replies (1)

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adekunle92 PRO newbie Apr 13
@EmilyB91 I totally agree. It's like watching a poorly choreographed play. Sellers are jabbing, but the buyers aren't really committing. All this choppy action above the 2200s feels like a setup for a swift reversal once the whales decide it's time to dump.
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