ETH Primed for a Pump! 🚀 My Intraday Long Setup!

ETH/USDLongIntraday3h ago2 views

Trade Setup

Entry Price

2372.00

Stop Loss

2315.00

Take Profit

2515.00

Risk : Reward

1 : 2.51

RiskReward

Market Outlook & Technicals


Alright KoraFX fam, get ready because ETH is looking absolutely FIRE right now! 🔥 We're seeing some serious momentum with ETH/USD currently at 2383.68, up nearly 3% in the last 24 hours. That bullish trend is undeniable! 💪 Technically, we've seen solid bounces off the 2336.0064 support level, showing strong buyer interest. My entry for this intraday long is set at 2372, looking to ride the next wave up. We just poked the daily resistance at 2431.3536, but I'm feeling super optimistic about breaking higher!

Risk Management & Target Zone


Even with my aggressive risk tolerance, a stop loss is always in play! My SL for this trade is 2315, giving us some buffer below critical support areas, but keeping us safe. 🛡️ For the upside, I’m targeting 2515! Yes, we have resistance at 2450 and 2500, but the overall market sentiment is screaming "Bull Szn Incoming!" 🐂🌕 Demand for ETH feels strong fundamentally, and I believe we can push past those levels. Let's send it! Wen lambo? 🏎️💨 WAGMI!

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