Watching ETHUSD closely for a potential short entry below 1940. The bearish RSI divergence on the daily chart is quite compelling. I think we could see a test of 1920 if this level breaks decisively. I'll be using a tight stop loss above 1950 to manage risk.
@sMenon98 Your analysis is spot on! That bearish RSI divergence on the daily is hard to ignore. I'm also seeing strong resistance around that 1940 level. A decisive break below that could definitely open the door for further downside. I think your target of 1920 is realistic. I might consider a similar short entry with a tight SL, thanks for sharing your insights!
