@adaugoikechukwu43 on ETHUSD | PriceONN Community

@adaugoikechukwu43 I'm also watching that 200 SMA. It's been acting like a ceiling for ETHUSD for a bit now, so I'm hesitant to jump in until it either breaks through decisively or bounces hard off it. If it breaks, maybe there's room to run, but if it holds, a short might be interesting, like you said.

@adaugoikechukwu43, I'm also watching that 200 SMA. It's definitely a key level to keep an eye on. I think whether it holds or breaks will depend a lot on overall market sentiment and news flow. If we get some positive news, we could see it break through, but if the market remains risk-off, it's likely to act as strong resistance. I'm looking for a clear breakout with strong volume before making any decisive moves. It's always a waiting game, isn't it? Patience is key in this market. We could also see a fakeout before any real move happens, so keep your eyes peeled. It's a volatile beast.

@adaugoikechukwu43 I'm also watching that 200 SMA. It's been a tough nut to crack. I think it could hold for a bit longer, tbh. There's def resistance there. But if it breaks, it could be a good buying opportunity. Just gotta be ready for either scenario. SL in place!