ETH Ready to Rocket from Support! 🚀 Don't Miss This Bounce!

The Setup: Reversal Play at Critical Support!

Alright KoraFX fam! 👋 ETH/USD has been a bit choppy today, hanging around 2228.32 and showing a -1.67% dip. The overall trend looks bearish right now, but that's where I see the opportunity! 👀 We've touched the lower end of the day range at 2183.75 and the strong 2200 support level. For me, that's a clear signal for a bounce! I'm eyeing a long entry around 2218, just as we start to gather momentum from this key support zone.

My Intraday Strategy: Aiming High!

My aggressive plan is to go long ETH/USD! My entry is locked in at 2218. I'm placing my stop loss at 2165 – below the 2183.75 daily low and 2200 support, giving us just enough room but