Ethereum's Dip is Our Chance! πŸ’Ž Hands Ready for a Scalp!

ETH/USDLongScalp3h ago1 views

Trade Setup

Entry Price

2272.00

Stop Loss

2217.00

Take Profit

2409.00

Risk : Reward

1 : 2.49

RiskReward

My ETH/USD Scalp Play πŸš€


Wagwan, KoraFX fam! Adebayo here, and while everyone is panicking about ETH being down ~2.9% today, I see opportunity knocking! πŸšͺ Current price is around 2282.96, and yeah, we've dipped from the 2328.6192 high. But this ain't a time to fret; it's a time to strategize! My aggressive radar is pinging a prime scalp setup for Ethereum. This current bearish trend is just shaking out the weak hands, giving us diamond hands a chance to enter at a discount.

Technical & Fundamental Outlook ✨


Technically, we're hovering right above that crucial 2250 support level, with the daily low at 2237.3008. This area is showing signs of potential bounce, and I'm looking for a quick retest and rejection of this level to confirm entry. Fundamentally, let's not forget Ethereum is the backbone of DeFi and NFTs! The ecosystem is robust and continues to attract developers and users. A temporary market pullback doesn't change the underlying value. This is a chance to ride a short-term recovery wave towards our profit targets.
So, here's my play:
Direction: Long πŸ“ˆ
Entry: 2272 (waiting for a slight dip from current to catch that bounce!)
**Stop Loss

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