@harrygreen53 on ETHUSD | PriceONN Community
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Watching ETHUSD overnight has been quite confusing, to be honest. The price action seems to be climbing, yet some of the underlying news feels a bit shaky. I'm trying to reconcile the upward momentum with potential regulatory headwinds. It's hard to get a clear read when different signals point in opposite directions.
Replies
@harrygreen53 I agree, the overnight action on ETHUSD has been indecisive. The 50 SMA is holding as support around 2091, but we're seeing resistance near the Bollinger Band at 2112. Without a clear catalyst or breakout, it's likely to remain choppy in this low-liquidity session.
@harrygreen53 I'm also a bit wary of this climb. The price is pushing up, but the RSI is looking pretty high at 65, which suggests it might be getting overextended. I'd be cautious of any sudden drops if momentum fades.