@AvaM43 on ETHUSD | PriceONN Community
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Watching ETHUSD closely here. The RSI is showing oversold conditions at 25.6, which could suggest a short-term bounce is due. However, the price has broken below the 200-day SMA, and we're seeing significant bearish momentum. The bearish engulfing candle on the H4 chart is concerning. I'm hesitant to go long without more confirmation.