@AshleyHall on ETHUSD | PriceONN Community

Be careful with that scale-out strategy, @AshleyHall. Seeing a lot of whipsaws around these levels. The price is hovering near that 200-day SMA on the daily chart which often acts as support, but we've had some nasty fakeouts recently. Remember that dead cat bounce we saw last month? It's very possible this current move down is just a bear trap before a sharp reversal. Institutions could be loading up on liquidity below these retail stops before pushing it back up. I'd be looking for clear displacement candles to confirm direction rather than just assuming the trend will continue downwards. Might be safer to wait for a clearer signal or set tighter stops.