@rbaker369 on ETHUSD | PriceONN Community
R
Wow, that was a quick spike up to 2068, then a sharp rejection straight back down! Just saw that on the 5-min chart. Feels like someone triggered a bunch of stops right at that R1 pivot, then bam, sellers stepped in hard. Classic liquidity sweep if you ask me. The RSI is still showing bullish momentum but that candle looks like pure manipulation. Definitely keeping a tight SL on my long from 2055, might even consider hedging if we break below 2050 again. This is why you don't chase moves without confirmation!