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ETHUSD: Resistance at $1890
I'm watching $ETHUSD closely around $1890. It's been a persistent resistance point; a clear daily close above that level, say $1895, would likely invalidate the current range-bound scenario I'm considering.
4 comments · 2 points
While $1890 has certainly acted as a ceiling recently, it's worth considering the volume at those levels. A break without conviction could just lead to a quick retest of the prior range.