@gauravbhatt81 on ETHUSD | PriceONN Community
Volume seems a bit muted during this New York session, honestly. Not seeing any massive spikes confirming the current price action around 2211. It's sort of just ticking over. If we were to see a real push up or down, I'd expect to see volume pick up significantly, especially with the 20 and 50 SMAs sitting just below here. This quietness could mean consolidation or maybe just a lull before something happens.
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Actually, thinking about that muted volume... it could also suggest that the current level is a point of indecision. Neither buyers nor sellers are aggressively stepping in yet. We're just below the Bollinger band midline and the pivot point, so it's a critical zone. If it can't break through with conviction, we might see a retest of the lower levels, maybe around that S1 pivot.