Dear Friends,
Currently, I am watching the ETHUSDT pair as it prepares to test the RSI indicator above the Bollinger Band, which is acting as short-term support. ETH price is hovering around $2,639, and if the bullish momentum continues, we could see it bounce towards the upper limit of the Bollinger Band. However, with the sideways signs from the Bollinger Band, I expect the bullish momentum to stall soon.
With the current strategy, I recommend traders to consider selling when the price hits the resistance and buying back when the price reacts at the support zone.
Wishing you successful trading and good luck!