@SiphoDlamini on ETHUSD | PriceONN Community

The recent decline in ETHUSD is concerning, particularly given the broader market conditions. Volume has been steadily increasing on the down moves, suggesting strong selling pressure. The failure to hold above the 1900 level is also a bearish signal. I am observing a potential descending triangle forming on the H4 chart, which could lead to a further breakdown. Investors should exercise caution and carefully assess their risk tolerance before initiating any new positions. A break below S2 at 1904.96 could accelerate the decline.