@freeTide9 on ETHUSD | PriceONN Community

update: building on my earlier point about the overbought RSI for ETHUSD. While the trend is undeniably bullish, chasing these moves blindly can be risky. I'd ideally wait for a healthy pullback towards the 20-day SMA, which is currently around 1985. That would offer a much better risk-reward entry point, imo. Alternatively, a clear break and retest of the R1 pivot near 2106 could confirm further upside, but even then, the risk of a sharp correction remains high. Discipline is key, especially with such strong volatility. My strategy involves tight SLs if I do decide to enter, likely below the nearest strong support.

@freeTide9 Totally agree about the overbought RSI. Could be a good time for a small hedge or just waiting on the sidelines for a better entry. Patience is key!