@emilybrown43 on ETHUSD | PriceONN Community

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emilybrown43 PRO newbie
ETHUSD Mar 7
I recently closed a short position on ETHUSD that I opened near the 200 SMA. While the initial outlook seemed promising, the price action became increasingly choppy. I decided to take a small loss of approximately 0.5% rather than risk further volatility. It's a reminder that even with careful analysis, the market can be unpredictable. Discipline is key.
ETHUSD

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emilybrown43 PRO newbie Mar 7
Update: I'm now observing the current support level around 1969. If this level breaks decisively, it could signal further downside potential. I will be watching the RSI closely for confirmation of oversold conditions before considering any new positions. A break below S2 could present an interesting short opportunity, but I'll wait for confirmation.
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