ETH Bull Run Incoming? 🚀 My Scalp Play for a Quick Bounce!

Market Vibe & My Bullish Lens

Alright KoraFX fam! 👋 ETH is currently at 2112.46, and yeah, we've seen a bit of a dip today, down about -0.47%. The bears are trying to flex, but honestly, I'm seeing this as a sweet little discount before a bounce! 😉 Ethereum's fundamentals are as strong as ever, with constant ecosystem growth and upcoming upgrades always fueling long-term potential. I’m feeling super optimistic for a scalp long here!

My Entry & Technicals

Even with the current bearish trend, the daily range has seen lows around 2070.21. I'm looking for a quick reversal from this area. My entry for this scalp long is set at 2102, anticipating a bounce just above that strong 2070.21 support. My stop loss is tight, set at 2051 – gotta manage that aggressive risk! If we break below the 2050 psychological level, I'm out.

Target & Why I'm Excited!

My take profit target for this scalp is 2229! 🎯 We'll need to break through the 2154.71 resistance and the 2200 level, but I'm confident we can push through. This move could be printing money for us! Let's get those diamond hands ready and watch ETH fly! LFG! To the moon! 🚀🌙