@kchopra783 on ETHUSD | PriceONN Community
K
The SMAs are all pretty close together on ETHUSD, which usually means we're in a consolidation phase. I'm watching the Bollinger Bands closely. If the price breaks above the upper band (around 2008), it could signal a strong bullish move. But with the RSI still under 50, I'm hesitant to jump in. I think we might see some sideways action before a clear direction emerges. Plus, with the news about the US and Israel launching a joint military operation against Iran, market sentiment is super uncertain rn. I'm staying cautious for now.