ETH trading range forming : short with caution

ETH is forming a trading range 1407-1217 where the price is moving for a week now, where 1407 and 1217 are the low and the high touched after the FED decision on interest rate, the descending channel is not really formed as the 4th point of touched on the upper boarder has not defined yet, that mean i am not confident on what price could be my upper limit on shorting the pair; on my analisys i would take 1360 and 1406 the right spot for shorting after a rejection, but shorting prior these two points looks risky, we are over DO and just under LWO and there is a line of support at 1313 on a Sunday trading day; RSI on 1H is neutral, 4H is overbought , BTC is just floating around 19000; I will just keep shorting ETH when the right spot will present but with caution as we are still in the weekend and i do not have a defined channel