🔻 $SHELL – Rejection at Resistance, Bearish Move Ahead?
$SHELL just faced a strong rejection at a critical resistance zone around 0.1426, forming a potential lower high. After a sharp pump, sellers stepped in, pushing price back below the breakout level — signaling a possible fakeout.
📉 Short Trade Setup
• Entry Zone: 0.1408 – 0.1409
• Take Profit: 0.1351
• Stop Loss: 0.1426
• Structure: Double rejection from resistance
• Strategy: High-risk reward scalp for trend-followers
Watch this level closely. If the resistance holds, a strong downside continuation could follow.
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