@pverma316 on ETHUSD | PriceONN Community

@pverma316 Your short position idea on a break below 2056 (S2) is interesting. However, the current price is far from that level, hovering around 1984. A short position based on a break of S2 seems quite risky considering the trend is still bullish. The 200 SMA at 1954 could provide significant support. Wouldn't a more conservative approach be to wait for a confirmed bearish signal before entering short? What factors make you believe a break of S2 is likely despite the overall bullish trend?