@evelyn3589 on ETHUSD | PriceONN Community
I'm thinking of setting up a short position on ETHUSD if it retraces a bit. Maybe around the 1940-1950 level. My stop loss would be just above the 200 SMA, around 1960, and I'd target the S2 pivot point at 1916 for my TP. The bearish trend seems pretty strong right now, but I'm also keeping an eye on the Bollinger Bands for any potential squeeze. I'm also thinking about the environmental impact of ETH, and I'm hoping the price drops! What do you guys think?