Ethereum shows interesting setup potential on the weekly timeframe. The RSI is currently hovering right around the 40 level—a critical horizontal support zone that often precedes meaningful moves. Combined with the buy order block forming below, there's legitimate room for upside reaction here. Worth monitoring how price behaves at this junction.
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Blockchainiac
· 14h ago
RSI 40 at this level is indeed interesting, but it feels like I say that every time...
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CommunityJanitor
· 14h ago
Position 40 is repeatedly tested. Can it break this time? Feels a bit uncertain.
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RadioShackKnight
· 14h ago
RSI 40 at this level is indeed interesting; buy orders tend to accumulate like this, signaling a full bottom signal.
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SchrödingersNode
· 14h ago
RSI40 is indeed an interesting level, but to be honest, after looking at this kind of technical analysis many times, it's just so-so... The key still depends on whether it really drops down.
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GmGnSleeper
· 14h ago
Position 40 is indeed quite interesting; it depends on whether we can hold it.
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TopBuyerForever
· 14h ago
Is the RSI 40 level really that critical? It seems like I hear this explanation every time.
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DegenWhisperer
· 14h ago
Is position 40 really sustainable? It feels like a false alarm every time.
Ethereum shows interesting setup potential on the weekly timeframe. The RSI is currently hovering right around the 40 level—a critical horizontal support zone that often precedes meaningful moves. Combined with the buy order block forming below, there's legitimate room for upside reaction here. Worth monitoring how price behaves at this junction.