@blrAnil on ETHUSD | PriceONN Community
B
ETHUSD is definitely showing signs of continued bearish pressure. The RSI is quite low at 31.2 which indicates oversold conditions but doesn't necessarily mean an immediate reversal without confirmation. Price remains well below the 20 50 and 200 SMAs, reinforcing the downward trend. Traders should remain cautious and wait for a clear shift in momentum before considering long positions.