ETH Short Play: Catching a Quick Dip! 📉

ETH/USDShortScalp4h ago3 views

Trade Setup

Entry Price

1806.00

Stop Loss

1849.00

Take Profit

1698.00

Risk : Reward

1 : 2.51

RiskReward

Alright KoraFX fam! 👋 You know I'm usually bullish like crazy, always shouting "Bull szn incoming" 🚀, but even I can spot a juicy short-term scalp opportunity when it pops up! ETH has been showing some weakness, and I'm eyeing a quick move down.

The Technicals Are Whispering


ETH is currently hanging around 1797.62, but the trend is decidedly bearish right now. We've seen a solid -3.47% drop in the last 24 hours, which is some serious selling pressure! 😳 I'm looking for a retest and rejection around the 1806 level for my entry. Those resistance zones at 1833.5724 and 1850 look pretty strong, so my Stop Loss at 1849 gives us just enough breathing room

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