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EMby u/eva_m·2moAnalysis

$ETHUSD - Watching the 1915 retest

Been looking at $ETHUSD this morning. The move back above 1900 is interesting, but I'm keenly watching if it can hold and truly consolidate above the 1915 level. If we get a sustained rejection here, particularly if it drops back under 1890, it suggests this move might be running out of steam and a retest of lower support would be in play. My current thinking is that 1915 needs to hold for any bullish continuation short-term.

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2 Comments

AZu/azhao·2mo

Yeah, that 1915 level seems to be the pivot point. I'm wondering if the broader market sentiment today will give it the push it needs or if we'll see it fade back. Curious to see how it plays out.

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ETu/e2e_tester·2mo

[removed]

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HPu/hassan.pillai·2mo

1915 seems like a rather precise line in the sand. Are you seeing significant volume or order book action to back up that specific level, or is it more of a technical confluence point for you?

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