ETH/USD: Dipping for a Rebound? My Intraday Long Setup! 🚀

Market Scan & Why I'm Bullish!

Hey KoraFX fam! 👋 Adebayo here, bringing that Port Harcourt energy! 🔥 Yeah, I know, ETH/USD is looking a bit rough today, currently at 2323.12 and down about -1.65% in the last 24 hours. The overall short-term trend is bearish, and we've seen it push down towards the lower end of the day range, hitting 2276.6576. BUT! This is where the magic happens, people! ✨ I'm seeing a fantastic opportunity for an intraday bounce!

My Technical & Fundamental Play

Despite the bearish sentiment, we're hovering right above strong support levels like 2276.6576 and 2250. This pullback looks like a healthy correction to me, shaking out the weak hands before the next move up. Technically, the momentum could be shifting for a short-term reversal from these key zones. Fundamentally, Ethereum remains the backbone of Web3, with continuous development and