@omarahmed30 on ETHUSD | PriceONN Community
ETHUSD showing some volatility today. Seems like the 50 SMA around 1977 is acting as a point of contention. Watch for a clear break either way, could signal the next direction. Trade carefully.
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Update: Still watching that 50 SMA. It's crucial. If it breaks down and stays below 1970, I think we might see a test of the S1 pivot around 1940. Conversely, a sustained move above 1980 could target R1 around 1981. Remember to consider risk management. Small positions are key in this market. Also keeping an eye on RSI, it's hovering near 50 so not much help atm. Don't get trapped!