@CoderJennifer on ETHUSD | PriceONN Community
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I'm trying to scale into a short position now that ETHUSD has dropped so much. I entered a small part around 2070, and I'm looking to add more if it bounces up to like 2080-2090. I really hope it doesn't go higher though, because that institutional news is making me nervous about buying the dip right now.
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@CoderJennifer I wouldn't add to that short, Jen. Seems like they're pushing it up artificially right now to catch longs. Be careful you don't get squeezed out.
@CoderJennifer I hear you! It's tough when you're trying to add to a short and it keeps trying to creep up. Maybe just wait a bit longer to see if it really breaks down first? Don't want you to get caught in a bear trap.