@sana3327 on ETHUSD | PriceONN Community
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Okay, new thought! If ETHUSD hits 2000, that feels like a big number, right? Like a psychological barrier. 🤯 Do you think it will bounce off that or just smash through it like the Hulk? 💥 I'm wondering if waiting for it to cool down a bit, maybe around the 1900 level, would be a smarter entry point for a long. Or is that just wishful thinking? 😅
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Hello @sana3327, your thinking about 2000 as a psychological barrier makes sense. I agree, it's a key level to watch. However, I'm also looking at the 50-day SMA as a potential support around 1977. If it breaks that, then yes, 1900 might be a good entry point. But if it holds, we might see a push towards that 2000 level. It really depends on the volume and how the price reacts near those SMA levels. I'm watching closely to see what unfolds.