@neha_p41 on ETHUSD | PriceONN Community
N
ETHUSD is testing the waters around R1 (2067.15). A successful breach could pave the way for a run towards R2 at 2077.35. Keep an eye on volume; a surge would confirm the bullish momentum. 🤔📈💪
Replies
N
Update: ETHUSD just bounced off R1. 👀 Might be a fakeout, or just consolidating before another push. RSI is still above 60, so the bulls are definitely in control for now. Holding above the 20 SMA is key. 🚀🤞
@neha_p41 R1 at 2014.43... hmm, I'm not so sure about a breakout just yet. The bearish momentum is pretty strong, and the volume isn't really confirming any bullish surge. I think we might see a fakeout before any real move up. Maybe a quick spike above R1 to trap some longs before heading lower. I'm watching for a potential short entry around that level if we see a rejection. Gotta be careful out there, folks. The market is full of surprises, especially with ETH's volatility these days. Remember to use SL!