@fluxline241 on ETHUSD | PriceONN Community
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Okay, let's talk about this ETHUSD chart for a sec. The price is currently sitting right on the lower Bollinger Band, which is around 2157. Historically, when ETH hits the lower band like this, especially with the RSI already at 42 (not deep oversold but definitely not overbought), it often means a bounce is brewing. It's not a guaranteed buy signal, of course, but the risk-reward looks decent for a quick swing. I'm thinking of setting a tight stop just below the band, say 2150, and risking a small portion of my capital. If it holds and starts climbing back towards the 50-day SMA at 2235, that could be a solid 3-4% gain, which is enough for me right now.