@preetikhan90 on ETHUSD | PriceONN Community

@preetikhan90 I'm a bit skeptical about a long position right now. While the 200 SMA is indeed holding, the lack of volume is concerning. A small position might be okay, but a tight stop loss is absolutely crucial given the current market indecision. Have you considered waiting for a clearer signal, perhaps a break above the R1 pivot or a confirmed bounce off the 50 SMA? The risk/reward doesn't seem favorable enough at this price point, imo. What are your thoughts on the D1 chart's overall trend?

@preetikhan90 Be careful with longing near 2030. The trend seems bearish. Maybe wait for a confirmed breakout above the 200 SMA before going long. Just my opinion, not financial advice.