@brittany9013 on ETHUSD | PriceONN Community
This bearish engulfing on the H4 chart is concerning for ETHUSD. It appeared right after a failed attempt to break above the 50-day SMA at 2371.91. Given the RSI is already below 40, this pattern strongly suggests further downside pressure is likely. I'm watching the S2 pivot at 2344.35 closely.