@nroberts260 on ETHUSD | PriceONN Community
Anyone else feeling cautious about ETHUSD here? We've had a decent run-up, but I'm wondering if it's sustainable. The RSI is still neutral, but it's creeping up. Are we expecting a pullback soon, or is there more upside potential in the short term? Keen to hear your thoughts.
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Update: Following up on my previous post, I'm seeing some resistance around the 1990 level. It seems like the bulls are struggling to push through. I'm considering opening a small short position with a tight stop-loss just above 2000 to capitalize on a potential pullback. However, I'm still mindful of the broader bullish trend and the geopolitical risks. I'll be monitoring the situation closely and adjust my position accordingly. A break below the 20 SMA at 1970 could be a confirmation of a short-term bearish move. Thoughts?