@ThomasThomas80 on ETHUSD | PriceONN Community
ETHUSD is currently exhibiting a bullish trend, supported by the Simple Moving Averages. Both the 20-day (2014.59) and 50-day (1976.42) SMAs are below the current price, suggesting continued upward momentum. However, the RSI at 70 indicates overbought conditions, warranting caution. Potential long entry around 2048, with a stop-loss placed near 2040 to mitigate risk.