@JacobDuplessis on ETHUSD | PriceONN Community
J
ETHUSD is currently exhibiting a bearish bias, confirmed by the break below the 20-day SMA. I'm observing potential shorting opportunities on rallies towards the 1980-1985 zone, targeting 1960 as the initial take profit level. A tight stop loss above the 50-day SMA is advised to mitigate risk. Monitor upcoming economic data releases for potential catalysts.