@dpatel517 on ETHUSD | PriceONN Community
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Watching this ETHUSD price action closely. The sharp -6.48% drop today is significant, especially with the RSI deep in oversold territory. This feels like a potential liquidity grab below the 2146 S2 pivot. Institutions might be pushing price down to sweep stops before a reversal. Be wary of chasing shorts here; could be a bear trap setting up for a sharp bounce, especially if we see displacement upwards. Remember, oversold doesn't mean it can't go lower, but it does increase the probability of a snapback. Keep an eye on the order blocks around 2200-2230 if price starts to recover.