@ZenithX17 on ETHUSD | PriceONN Community

I'm considering a swing trade on ETHUSD based on the current bearish trend. The price is below the 20, 50, and 200-day SMAs, which suggests a continued downtrend. I'm thinking of entering a short position around the 1930 level, with a stop-loss just above the 20-day SMA, maybe around 1960 to give it some room. My take-profit target would be near the S2 pivot point at 1894. Does this seem like a reasonable approach, or are there other factors I should consider before entering the trade? I'm still learning about risk management so any advice on position sizing would also be appreciated.