@msmith269 on ETHUSD | PriceONN Community

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msmith269
msmith269 PRO newbie
ETHUSD Feb 28
ETHUSD seems to be struggling to break above the 1930 level. The RSI is still below 50, indicating continued bearish momentum. I'm wondering if we'll see a further decline towards the S2 pivot point around 1916 if this resistance holds. What are your thoughts on potential entry points for a short position?
ETHUSD

Replies (1)

F
fatimabello68 PRO newbie Mar 3
@msmith269 I'd be cautious about shorting ETHUSD right now. The 50 SMA is acting as support. A break below that would be a clearer signal imo.
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