Sell trading signal on USDT/$SHELL 🚦🛑
Active bearish reversal - Short selling position confirmed 📉
The price has surpassed the resistance level of 0.2140-0.2150 after a slight upward pullback. Sellers regained control below the resistance level, pushing the price down to re-test the 0.2110 area. This indicates the possibility of the trend continuing towards lower support levels.
Trading Position:
Entry Price: 0.2115 - 0.2122
Take Profit (TP): 0.2058
Stop Loss (SL): 0.2143
Market Outlook:
As long as the level $SHELL remains below 0.2140, it is likely that selling pressure will continue on the short side. Trading volume has calmed after the rejection, supporting the continuation of the bearish trend. Watch the 0.2084 area for partial profit-taking before reaching the take profit level.
Risk Management Advice:
Use tight stop-loss orders and avoid large position sizes. Risk only 1-2% of your capital to protect yourself from volatility traps.
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This is your signal. Invest before the breakout candle $SHELL