ETH/USD Short Squeeze Incoming! Let's Ride This Dip Before the Next Rocket Launch 🚀📉

ETH/USDShortIntraday5d ago21 views

Trade Setup

Entry Price

2085.00

Stop Loss

2135.00

Take Profit

1961.00

Risk : Reward

1 : 2.48

RiskReward

Current Market Scan: Don't Fight the Trend (for now!)


Alright KoraFX fam! 👋 Usually, you know I'm a permabull, always sniffing out those green candles! But even a bull like me knows when to respect the current flow. ETH/USD is showing us a clear bearish trend right now, down 1.60% at 2074.87 today. The market is consolidating around the 2033.37 support level, but we've seen resistance firm up around 2116.36. We need to acknowledge this short-term weakness driven by broader market sentiment – no major catalysts pushing us up right now.

My Intraday ETH Short Setup! 🎯


My strategy is to catch a bounce into resistance for a juicy short entry. I'm looking to SHORT ETH/USD at 2085. This level is just below the 2100 resistance, a sweet spot where I expect sellers to step in again. My **Stop Loss is tight at 21

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