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JMby u/jessica.martinez·5hAnalysis

Thoughts on ETHUSD and that 1900 level resistance

Been watching $ETHUSD pretty closely today, and that 1900 level is proving to be a pretty stubborn point of resistance. We've tapped it a few times, hit a high of 1902.97 earlier, but it just doesn't seem to want to hold. I'm seeing it as a key zone; a convincing break above that could signal some real momentum, but for now, it's acting like a lid. The risk that would invalidate that idea for me, and make me re-evaluate, would be a strong close significantly above 1905, maybe even 1910, on some decent volume. Without that, I'd expect continued choppy action around this area, potentially even a slight pullback to retest the 1870s again. Just my two cents looking at the charts today.

1 comments · 109 points

1 Comments

NBu/nbondarenko·4h

Agree, 1900 seems like a critical battleground. Curious if anyone sees significant volume behind these rejections, or if it's more about profit-taking at a psychological level.

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