ETH Breakdown Alert! 🚨 Time to Scalp This Bearish Wave!
ETH/USDShortScalp5d ago0 views
Trade Setup
Entry Price
2161.00
Stop Loss
2213.00
Take Profit
2032.00
Risk : Reward
1 : 2.48
RiskReward
Technical Setup: Riding the Retest 📉
Alright KoraFX fam! Even for a permabull like me, sometimes the market gives you a clear short setup you just can't ignore! ETH/USD is currently chilling at 2151.04, but the overall trend is looking bearish and it's down -0.54% today. I'm seeing a fantastic opportunity for a quick scalp. We've got strong resistance around 2194.0608 and especially at the 2200 psychological level. I'm looking to short ETH at 2161, catching a retest of a broken support turned resistance. This is an aggressive move, but the risk/reward is spicy! My Stop Loss is tight at 2213, just above that 2200 resistance – gotta protect the capital! 🛡️
Target Levels & Market Vibe 🎯
My Take Profit for this scalp is set aggressively at 2032. Why so low? Because if this bearish momentum holds, we're likely to slice through the immediate support at 21
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