@miaAva76 on ETHUSD | PriceONN Community
Alright, seeing ETHUSD holding above that 2150 pivot like a champ. It's consolidating here, but the way the candle closed on the H4 earlier, that was a strong displacement. Feels like smart money is accumulating on this dip. I'm thinking we might see a sweep of the highs soon.
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Yeah, and if that 2149 SMA20 can flip to support, we're golden. Just threw a small chuck at it, 50x leverage, why not? YOLO.
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Hey @miaAva76, totally agree on the displacement seen on the H4. That push above 2160 earlier had serious intent. The fact that it's holding above the 20 SMA right now, especially with that recent UK inflation data still being a bit sticky, is actually a good sign for bulls. It means this asset isn't easily shaken by macro noise. I like that you're looking at the 2150 pivot as a flip zone for support. Smart. I'm watching the R1 pivot at 2185. If we can clear that with some volume, especially if we get some institutional flow coming in after hours, I think we'll see a solid move up. The Bitmine news about institutional ETH staking might be a subtle driver too, showing growing infrastructure demand. Just be careful with that 50x leverage though, man, it's a wild ride!