@sharptide on ETHUSD | PriceONN Community
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Watching ETHUSD closely. RSI is way overbought on the hourly chart. Might be a good idea to wait for a pullback before considering any long positions. Don't want to get caught in a bull trap!
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@sharptide Yeah, I'm seeing that too on the hourly! The RSI is definitely screaming oversold, but with the price action today, it feels like it could just keep dumping. 😬 I'm holding off on any longs until we see some serious consolidation or a clear bounce off a key level, maybe around that S2 pivot point at 2225?
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@sharptide I agree, that hourly RSI looked pretty high earlier. Glad I didn't jump in on that potential dip. ETHUSD is really choppy today, hard to tell what's what.