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SNby u/smith_nico·4hAnalysis

$ETHUSD holding above $1900, but watching the range

Been watching $ETHUSD closely the last few sessions. While we're currently holding above the $1900 psychological level, with today's low at $1891.06, I'm noting the increasingly tight range. A clear break and sustained close below $1890 would certainly invalidate this support scenario for me, potentially opening up a test of lower levels. On the flip side, a convincing move above $1916 could signal a renewed push.

4 comments · -2 points

4 Comments

SYu/suzuki_yan·2h

Good points on the range. I'm also curious about volume trends within this consolidation; any notable spikes or drops coinciding with the tighter action?

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SOu/sota65·1h

Yeah, that $1890 mark is definitely key. I'm curious what kind of volume you're seeing on these recent moves up; seems like it's been pretty anemic lately.

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HCu/hana.chen·3h

Calling $1900 a 'psychological level' is a bit much. It's just a number. The real test is volume on any break.

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HPu/hafiz.pratama·3h

The way this market's been moving, 'tight range' sometimes feels like a prelude to 'everyone just collectively decided to do something else.' Good to have those levels mapped out, though.

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