ETH/USD: Quick Scalp Down Before the Bounce! 🚀📉

My people, Chinelo here with a fresh scalp idea for ETH/USD! We've seen a brutal day for Ethereum, with the price plummeting to 1789.27, a whopping -4.16% down in 24 hours! 😱 The bears are clearly in control for now, and even this bull needs to make some Naira on the dips!

Technical Breakdown

The current bearish trend is undeniable. We saw ETH reject hard from the day's high of 1825.0554, and it's been a downhill slide since. The market is looking for some solid ground, but I think we have a bit more room to the downside for a quick profit. My entry for this scalp short is at 1798, aiming to catch the next leg down. We have strong resistance at 1825.0554 and 1850, acting like concrete ceilings.

My Aggressive Play 💰

For this scalp, I'm setting my Stop Loss aggressively at 1841. This gives us some breathing room if it attempts a retest but keeps our risk tight. My Take Profit target is