ETH Dip Buy Alert! 🚀 This Bearish Trend is Just a Springboard! #WAGMI

ETH/USDLongIntraday1w ago2 views

Trade Setup

Entry Price

2126.00

Stop Loss

2075.00

Take Profit

2254.00

Risk : Reward

1 : 2.51

RiskReward

Alright, KoraFX fam! Alexis here, feeling that bullish energy even with ETH taking a little tumble today! 📉 The market's showing a current price of 2136.62, down almost 3% (2.99%) in the last 24 hours. The trend looks bearish on the surface, pushing down towards our support at 2093.8876 and the psychological 2100 level. But you know me, I see opportunity in these dips! I think this is just a shakeout before the next leg up. Fundamentally, the underlying strength of the Ethereum ecosystem remains untouched, and these pullbacks often represent a chance for fresh capital to enter.

My Intraday ETH Long Setup! 🎯


I'm eyeing an intraday long on ETH/USD. My entry is set at 2126, just above that strong support zone we've tested today, anticipating a bounce. My stop loss is tight at 2075, protecting capital if the selling pressure intensifies and we break below the crucial 2100 and 2093.8876 support levels, heading towards 2050. This aggressive risk tolerance means I'm ready to capture that upward momentum!

Targeting the Next Resistance Breakout! 🚀


For the take profit, I'm aiming for 2254! 💸 This target takes us past the immediate resistance at 2179.3524 and even beyond 2200, pushing towards the next major resistance around 2250. If we get that bounce, I expect ETH to blast through those levels. It's a bit of an aggressive target, but that's how we roll! Bull szn incoming

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