#Write2Earn
ETH/USD Bearish Reversal Setup – Short from Resistance at 3,015
Entry Point: 3,015.26 USD
Stop Loss: 3,025.00–3,014.42 USD (just above resistance zone)
Target (TP): 2,882.85 USD
Current Price: ~2,994.04 USD
---
🧠 Trade Idea
Setup: Short/Sell near the resistance at ~3,015.26.
Rationale:
Price surged sharply and hit strong resistance near the entry zone.
Formation of a potential double top at the resistance zone.
A breakdown below the trendline and support area could confirm a bearish reversal.
Risk/Reward:
Risk: ~10 USD
Reward: ~132 USD
Reward-to-Risk Ratio: ~13.2:1 — highly favorable
