@JackThomas55 on ETHUSD | PriceONN Community

@JackThomas55 hey Jack, good idea to look at SMAs for support. Just a heads up, the 50-day SMA on my chart is actually around 1871, not 1964.18. The price has pushed way past that and even the 200-day SMA at 1936.29. With ETH now over 2030 and the RSI so high at 83.9, it feels like it's already had a massive move up. For a long entry now, it might be a bit risky for a swing trade unless you're looking for a pullback first. I'd probably wait to see if it consolidates or retests a previous support level, maybe around the 2000 mark before considering a long. Placing an SL below a key support is definitely smart though, always good to manage risk.