@VoltEdge24 on ETHUSD | PriceONN Community
ETHUSD is currently dancing around the 20-day SMA, which is acting like a flimsy trampoline. A decisive break below 1962 could open the door to testing the lower Bollinger Band around 1934. On the flip side, bulls need to reclaim the 50-day SMA at 1976 to invalidate the bearish outlook. It's a coin toss at this point, imo.
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Update: I'm also watching the pivot points. S1 at 1971 and S2 at 1961 are key levels to watch for potential support if the price continues to drop. Let's see if they hold!