@tdavies290 on ETHUSD | PriceONN Community

Actually, on closer inspection, the 50 SMA is actually below the current price, around 2294, which is interesting. The 200 SMA is still way up at 2324 though, acting as a significant resistance zone. So we have this tight range between the 50 SMA and the 20 SMA, with that higher 200 SMA looming. The news about potential pullbacks and resistance near $2,450 is definitely on my mind too, makes me a bit hesitant to go fully long right now. It feels like we're in a bit of a no-man's land, waiting for a catalyst. I'm just hoping it doesn't break down through that 2290 support area, as my current position is just above that.