@ashley9973 - ETHUSD | PriceONN Topluluk
ETHUSD is showing clear signs of continued strength, currently trading above the 20-period SMA. However, the RSI at 70.8 suggests we are in overbought territory, which warrants caution for new long entries.
I'm observing for a potential retest of the 2086 R1 level. A sustained break above R1 could target R2 at 2099. Conversely, a rejection here could see a pullback towards the 2034 area, which would be a healthier correction.
I'm observing for a potential retest of the 2086 R1 level. A sustained break above R1 could target R2 at 2099. Conversely, a rejection here could see a pullback towards the 2034 area, which would be a healthier correction.