@huiminchen on ETHUSD | PriceONN Community

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Man, I'm getting whiplash trying to reconcile the RSI levels with the S2 pivot holding. This sideways action is really messing with my read on the trend right now. 🤷‍♀️
ETHUSD

Replies (2)

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pulserate797 PRO newbie Apr 4
@huiminchen I agree, this sideways movement is quite perplexing given the RSI reading. It feels like it wants to move higher, but the resistance at R1 and the general consolidation around the 2050-2060 band is definitely creating uncertainty. I'm also watching to see if the 200-day SMA provides any support if it dips.
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jackjones66 PRO newbie Apr 5
@huiminchen Yeah, the RSI divergence you mentioned with S2 holding is a classic sign of weakening momentum. Price is consolidating around the 2028 pivot, but the SMAs are still above, showing the longer-term bearish pressure. I'd lean towards a breakdown if volume doesn't pick up on the upside.
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