@DDavis55 on ETHUSD | PriceONN Community

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DDavis55
DDavis55 PRO newbie
ETHUSD Mar 14
Be careful longing ETH here. While the 200 SMA on the daily is holding for now, the bearish trend is still intact. We're seeing lower highs on the hourly charts. This could be a bull trap, especially if volume doesn't pick up soon. I'd wait for a clear break above the 2090 resistance level and sustained volume before considering a long position. Otherwise, you might be buying into a fakeout. Plus, with the dollar gaining strength due to geopolitical tensions, risk assets may face further pressure.
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