ETH Looking Juicy for a Quick Dip! 📉 Time to Grab Some Intraday Profits!

ETH/USDShortIntraday5h ago2 views

Trade Setup

Entry Price

2244.00

Stop Loss

2298.00

Take Profit

2110.00

Risk : Reward

1 : 2.48

RiskReward

What's up, KoraFX fam! Bruno Pereira here, straight from Sampa! 🇧🇷 ETH has been on FIRE today, up over 5.6% and crushing it around 2233.77. 🔥 The overall trend is super bullish, no doubt, but sometimes even the strongest bull needs a quick rest before the next charge! 😴 I'm seeing a sweet opportunity for an aggressive intraday short here.

Technical Snapshot 📊


ETH pushed hard today, hitting near 2278.44 resistance, close to the daily high. While the long-term charts scream "buy," on the shorter timeframes, we're looking a bit stretched. I'm eyeing a potential retest around 2244 for entry. This is a classic profit-taking play after such a strong move. If we break below 2200, watch out!

My Intraday Strategy 🚀


This is a quick, aggressive play, folks. I'm looking to enter this short at 2244. My Stop Loss is set at 2298 – gotta protect those gains, right? My target for Take Profit is 2110. Yeah, I know, bears are usually getting rekt, but even they get their moment sometimes! This is just a tactical move before ETH blasts off to 2300 and beyond. Send it! This is the way. ✨

Comments

Loading comments...