@JosephBaker on ETHUSD | PriceONN Community
Observing the current ETHUSD price action around the 200-hour SMA, and considering the slight bearish momentum from New York open, I've adjusted my position sizing for any potential long entries. Given the RSI is sitting at 48, suggesting neutrality but with a bearish lean on longer timeframes, I'm employing a reduced position size. This is to account for the increased volatility expected as the session progresses and to manage risk effectively should price break below the S1 pivot at 2075.08. A tighter stop loss will also be implemented.