ETH Rejection Play! Intraday Short for Some Quick Gains 🚀
ETH/USDShortIntraday4h ago1 views
Trade Setup
Entry Price
2124.00
Stop Loss
2175.00
Take Profit
1997.00
Risk : Reward
1 : 2.49
RiskReward
My Intraday ETH Short Setup
Alright KoraFX fam, even though my heart bleeds bull 🐂, we gotta respect the market structure! ETH is currently trading at 2113.48 and showing some weakness, down nearly 0.4% in the last 24 hours. The trend is looking bearish short-term, and we've seen rejection from that 2155.75 resistance area. I'm eyeing a sharp intraday move here. My plan is to enter a short position around 2124 if we get a retest and clear rejection from those overhead resistance levels like 2150. We're looking to capitalize on this temporary dip before the real pump. 💪
Levels to Watch & Why
My stop loss is set aggressively at 2175
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