@william02 on ETHUSD | PriceONN Community

@william02, I see your point about a potential short-term scalp! However, I'm a bit hesitant to short ETHUSD at the 1972 level, considering the 200 SMA sits around 2004.11, which could act as a significant support zone in the longer term. While the RSI is neutral, the overall trend on the daily chart still seems somewhat bullish. I'd be concerned about getting caught in a potential bounce. Perhaps waiting for a clearer bearish signal on the H4 timeframe, such as a break below a key support level with increased volume, would provide a higher probability short entry. Just my two cents!