Given the current bearish trend and the RSI dipping below 35, I'm looking to scale into a short position. I've opened a partial position around 1980, and if price breaks below the S1 pivot at 1978, I'll add more. My target is the lower Bollinger band near 1943.
Yo @sandeeppatel, I saw your post about shorting. I'm with you on the whole 'bearish trend' vibe, but this ETH price action right now is just… weird. It’s like it *wants* to go down but the market just isn't letting it. I’m seeing the same RSI dipping, but honestly, it feels like a trap. They're probably just sweeping the lows to shake out anyone who’s already in. I’m staying away from shorts for now, feels too risky with this sideways garbage. Give it another hour maybe. NFA, obviously.
