@ojones581 on ETHUSD | PriceONN Community

@ojones581 I think ETHUSD is facing significant resistance around the 1960 level, not 2050. The pivot point R1 is at 1958.67, which could act as a barrier. While the current price action shows some bullish momentum, I'm hesitant to expect a sustained climb without a strong catalyst. The 50-period SMA is also hovering around 1953, adding to the resistance zone. A potential pullback towards 1930-1935 is more likely in the short term, before any further upward movement. Keep an eye on those levels for possible support. What's your stop loss strategy if you're considering a long position?