@aharris779 on ETHUSD | PriceONN Community
Alright, let's talk about potential resistance levels for ETHUSD. Looking at the hourly chart, I'm seeing a pretty strong resistance zone forming around the 1988-1994 area, which aligns nicely with the R1 pivot and the 20 SMA. A break above that could signal a potential bullish reversal, but until then, I'm leaning towards shorting opportunities. The RSI is also still below 50, suggesting that the bearish momentum hasn't fully exhausted itself. Keep an eye on volume too – a surge in selling volume near that resistance zone would further confirm the bearish bias. Just my 2 cents.