@segunakande39 on ETHUSD | PriceONN Community
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From my analysis, I've observed that ETHUSD is currently testing a critical support level around 1930, coinciding with the lower Bollinger Band. A decisive break below this point could signal further downside, potentially targeting the S2 pivot at 1940.96. However, if the price manages to bounce from this level, it could indicate a potential reversal towards the 50 SMA which is at 1978.94. The RSI is also approaching oversold territory, suggesting a possible pullback. I am watching for confirmation before making any moves. Patience is very key in these situations.