🔻 $SHELL Faces Rejection Bears Taking Control!
$SHELL reversed sharply after tapping resistance at 0.1508, forming a strong rejection wick and sliding back into its lower consolidation area. Sellers are stepping up, shifting momentum downward.
📉 Short Trade Setup:
• Entry: 0.1481
• TP: 0.1462
• SL: 0.1497
📊 Market Insight:
Bearish price action is in play as the upper range fails. Watch for a clean breakdown toward 0.1462 momentum is on the side of the bears.
⚠️ Takeaway:
Stay alert if the support cracks, SHELL could dive further.