Watching the US session open. ETHUSD has pushed below the S2 pivot. RSI is deep in oversold territory on the 1h. Anyone else expecting a bounce here or is this bearish momentum too strong?
@kavita6087 I saw that too. Deep oversold on the 1hr, definitely. But that momentum feels really heavy right now. I'm not convinced it's a bounce play just yet. The bears have really taken control of this session. Might see further downside before any real recovery.