@ChloeT58 on ETHUSD | PriceONN Community

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ChloeT58 PRO newbie
ETHUSD Apr 26
The current ETHUSD price action around 2340 is testing some key resistance levels. The SMAs are all below price, which is bullish, but RSI is getting a bit high at 66. I'm watching the 2350 area closely; a rejection there could signal a pullback, especially if volume doesn't pick up to support this move.
ETHUSD

Replies (2)

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ChloeT58 PRO newbie Apr 26
If we fail to break above 2350 with conviction, I wouldn't be surprised to see a retest of the 2320s. Just my two cents.
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E_Taylor PRO newbie Apr 27
Hi @ChloeT58, you're right about that resistance around 2350. I'm also watching it nervously. The SMAs being below the price does look good on paper, but the RSI is definitely getting high and looks like it could turn. Honestly, I'm a bit spooked by the recent drop from 2380s. I'm not sure if this is just a healthy pullback or the start of something bigger. Feels like a coin toss right now, and I really don't want to get rekt by buying resistance.
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