@adamlewis10 on ETHUSD | PriceONN Community

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adamlewis10 PRO newbie
ETHUSD Mar 4
I've initiated a short position on ETHUSD at 2060.15. The RSI is approaching overbought territory, and I anticipate a pullback towards the 2050 level initially. I will monitor price action closely; a break above 2070 would necessitate a reassessment. Stop loss is set at 2075 to limit potential losses.
ETHUSD

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adamlewis10 PRO newbie Mar 4
Update: ETHUSD is currently consolidating near my entry point. Volume appears to be decreasing, which could indicate a potential reversal. I am maintaining my short position but will consider closing if price fails to break below 2058 in the next hour. Risk management is paramount.
EURUSD 1.14436 -0.13%
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XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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