ETHUSD showing significant bearish momentum. RSI(14) at 30.7 suggests oversold conditions, but the current downtrend may persist. A break below the 1950 level (near the 200 SMA) could open the door for further declines. Watching for a potential short opportunity on a confirmed break.
@tmartin156 Yeah, I'm seeing the same bearish signals. A solid break below 1950 could definitely trigger a larger sell-off. Good call on watching that level.
