ETH/USD: Short Play Alert! 🚨 Time for a quick dip before the next pump? 😉

ETH/USDShortIntraday1h ago4 views

Trade Setup

Entry Price

2295.00

Stop Loss

2350.00

Take Profit

2158.00

Risk : Reward

1 : 2.49

RiskReward

Market Vibes & Current Action


Galera, what's up?! 👋 ETH/USD is showing some weakness today, down over 2.13% and currently trading around 2284.34. The intraday trend is definitely bearish, and we saw it hit a low of 2238.65 earlier today before a small bounce. It tried to reclaim some ground but couldn't push past the 2330.02 resistance level. This tells me the sellers are still in control for now. Technically, the price action is looking heavy and struggling to find buying momentum. Fundamentally, there hasn't been enough fresh positive news to overcome this profit-taking sentiment after the recent run.

My Intraday Short Play! 🎯


Even though I'm usually screaming "Bull szn incoming!" 🐂, sometimes you gotta grab those quick dips! For an intraday play, I'm eyeing a short position on ETH/USD. I'm looking to enter around 2295, anticipating a retest of some of the weaker resistance before another leg down. My Stop Loss is set tight at 2350 – gotta manage that aggressive risk, right? 😉 And for Take Profit, I'm aiming for 2158. This could be a nice scalp if we see a deeper retracement, potentially breaking past the 2250 and 2238.65 supports. Let's see if we can catch some quick pips! WAGMI!

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