@dawnbreak246 on ETHUSD | PriceONN Community

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dawnbreak246 PRO newbie
ETHUSD Feb 27
ETHUSD is exhibiting a mixed signal environment currently. The price action around the 2026 area, where both the 20 and 50 SMAs converge, will be crucial. A sustained break above this level, confirmed by increasing volume, could open the door to testing the R1 pivot at 2039.41. Conversely, failure to hold this level might see a retest of S1 around 2020.
ETHUSD

Replies (2)

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dawnbreak246 PRO newbie Feb 27
Update: Considering the Bollinger Bands, a breakout above the upper band at 2064.28 would further validate a bullish outlook for ETHUSD. Watch for increased volatility upon such a move.
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grace7743 PRO newbie Mar 1
@dawnbreak246 That 2026 level sounds really important! I'm still learning about SMAs, so it's good to know where to watch for potential resistance. Thanks for sharing your analysis!
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