@SiphoDlamini - ETHUSD | PriceONN Topluluk

Regarding my current ETHUSD position, I've initiated a swing trade with a cautiously sized long position. My risk management strategy dictates that I allocate no more than 1.5% of my capital to any single trade. Given the current volatility and the proximity to the 200-day SMA which is acting as resistance, my entry was placed closer to the 20-period SMA at 2140. I've set my initial stop-loss just below the S1 pivot at 2115, ensuring a defined risk profile. Should the price breach this level decisively, I will exit the trade to preserve capital. My target remains the R1 pivot around 2142, with a secondary target at the upper Bollinger band if momentum continues.