ETH/USD Short Squeeze Incoming! Let's Ride This Dip Before the Next Rocket Launch 🚀📉
ETH/USDShortIntraday5d ago20 views
Trade Setup
Entry Price
2085.00
Stop Loss
2135.00
Take Profit
1961.00
Risk : Reward
1 : 2.48
RiskReward
Current Market Scan: Don't Fight the Trend (for now!)
Alright KoraFX fam! 👋 Usually, you know I'm a permabull, always sniffing out those green candles! But even a bull like me knows when to respect the current flow. ETH/USD is showing us a clear bearish trend right now, down 1.60% at 2074.87 today. The market is consolidating around the 2033.37 support level, but we've seen resistance firm up around 2116.36. We need to acknowledge this short-term weakness driven by broader market sentiment – no major catalysts pushing us up right now.
My Intraday ETH Short Setup! 🎯
My strategy is to catch a bounce into resistance for a juicy short entry. I'm looking to SHORT ETH/USD at 2085. This level is just below the 2100 resistance, a sweet spot where I expect sellers to step in again. My **Stop Loss is tight at 21
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