@pulserate797 on ETHUSD | PriceONN Community

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P
Good morning everyone. I'm just looking at the ETHUSD chart, and the price action seems to be hovering around the 2055-2060 range. I'm curious if anyone else is watching the R1 pivot level closely today; it seems to be a key area to observe for any potential breakouts or rejections during the New York session.
ETHUSD

Replies (1)

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pulserate797 PRO newbie Apr 4
Actually, upon a second look, the RSI is sitting around 63, which is showing some bullish momentum, but the price isn't pushing significantly higher. This divergence could be interesting. I'll be keeping an eye to see if it breaks above R1 or if we see a pullback towards the 2050 area.
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