@olufemiogunleye87 on ETHUSD | PriceONN Community
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This ETHUSD action reminds me of Q3 2022. Sideways chop followed by a steep drop. Volume profile looks similar too. Watching for a decisive break below 1925. If that level fails, expect further downside pressure. Could be a good shorting opportunity.
Replies
@olufemiogunleye87 Interesting take! I'm seeing the same potential for a drop. Might put in a small short position if it breaks below that level you mentioned. Thanks for the heads up 👍