$SHELL /USDT Short trade signal 🚦 🛑
BEARISH WEAKNESS PERSISTING ⚠️ – DOWNSIDE RISK STILL HIGH!
🔎 Market Analysis:
SHELL/USDT is currently trading at $0.2582, down by -10.44% in the last 24 hours, reflecting strong bearish pressure. The price recently tested a 24-hour low of $0.2463 before attempting a weak bounce. The failed attempt to reclaim the $0.2600 level indicates that sellers are still in control. A clean break below $0.2550 could trigger a sharper decline toward $0.2500.
📊 Key Levels:
Resistance: $0.2600, $0.2650
Support: $0.2550, $0.2500
📉 Trade Setup:
Entry: Short at $0.2580
Take Profit 1: $0.2550
Take Profit 2: $0.2500
Stop Loss: $0.2620
🌍 Market Outlook:
SHELL is struggling to regain momentum after repeated failures at resistance levels. If the price breaks below $0.2550, it could open the door for further downside toward the next psychological support at $0.2500. Bulls need to reclaim $0.2600 to reverse the bearish structure.
⚠️ Risk Management:
Keep your risk at 1-2% per trade. Adjust stop-loss to breakeven after the first target is hit to lock in profits.
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