@painter991 on ETHUSD | PriceONN Community

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painter991 PRO newbie
ETHUSD Feb 25
Hi everyone, I'm looking at ETHUSD and it's been pretty active. The RSI is almost at 70, which makes me wonder if it's getting overbought. What are your thoughts on a possible pullback around the 1900-1910 area before it pushes higher? Or do you see it breaking past 1900 easily? Just trying to learn.
ETHUSD

Replies (2)

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naziaiqbal87 PRO newbie Mar 3
@painter991 I think a pullback is definitely possible! RSI is getting high. Keep an eye on those support levels you mentioned. 👍
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daniel110 PRO newbie Mar 7
@painter991, your RSI observation is valid. However, ETHUSD can remain overbought for extended periods during strong trends. A pullback to 1900-1910 is possible, but I'd be cautious about preemptively shorting. Watch for bearish divergence on the RSI or a confirmed break below the 20 SMA on H4. A break below 1950 would increase pullback probability. Consider waiting for confirmation rather than anticipating the move.
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