Hey #SquareFamily! Let’s break down a sharp, scalping-focused setup for Ethereum with clarity and Binance Square flair—complete with entry, SL, and five profit-taking levels. Let’s roll! 😊
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🔍 Market Quick Take
Current Price: ~$2,524 (≈ ± 2,535 per Exchange average)
Recent Action: ~3–4% drop after geopolitical tension hit around June 13–14
Fundamental Boosters:
On‑chain whale accumulation → confidence building
Rise in stablecoin inflows ⚙️ ETH’s dominance (50% of all stablecoin issuance)
Pectra upgrade increases efficiency and staking usability
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🛒 Scalping Setup (Short-Term)
Entry Zone: $2,520–$2,525 — near current trading range, ideal for quick scalp
Stop-Loss (SL): $2,510 — just below recent low, keeping risk tight (~0.5%)
Timeframe: Short intraday swing, monitor volume and confirmation on small candles
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🎯 5 Swift Take-Profit Targets
1. TP1: $2,535 – return to mid-range
2. TP2: $2,545 – minor resistance bounce
3. TP3: $2,555 – psychological + small profit
4. TP4: $2,570 – leverage Pectra momentum & whale interest
5. TP5: $2,590 – aggressive scalp if momentum continues
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📊 Trade Snapshot
Level Price Notes
Entry $2,520–2,525 Starting point for scalp
SL $2,510 Limits risk to ~0.5%
TP1 $2,535 Quick small gain
TP2 $2,545 Stays within resistance
TP3 $2,555 Boost from pullback action
TP4 $2,570 Riding bullish signals
TP5 $2,590 Stretch target for momentum
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💡 Why It’s Viable
Support Bounce: Price just above recent lows—good scalp entry zone
Momentum Coming Back: Whale buying on dips suggests turnaround
Ecosystem Strength: Stablecoin inflows and Pectra upgrade boost confidence
Technical Setup Bullish: Momentum indicators still showing potential divergence-based bounce
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🌐 Binance Square Style Tips
1. Keep it friendly and inclusive – it's a learning ride 💛
2. Clear structure – entry, SL, 5 TPs, no guesswork
3. Responsible trading – trade size to your comfort level
4. Fact-based – anchored in price zones, on-chain data, network upgrades
5. No hype, just realistic scalping strategy
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✅ Final Take
Look to scalp around $2,520–2,525 with SL at $2,510. Gradual scale out from $2,535 to $2,590, capturing quick moves off bounce. Watch candle behavior, volume spikes, and broader sentiment—adjust TPs if momentum fades.
What's your take, Square Fam? Tight scalps or ride it longer if Pectra picks up steam? Let’s chat strategy below! 👇