$SHELL BEARISH PRESSURE CONTINUES – SHORT OPPORTUNITY BELOW RESISTANCE!
$SHELL is showing clear rejection from its resistance zone, suggesting bearish momentum continuation as sellers remain in control.
🔑 Key Levels:
Current Price: $0.1494
Resistance: $0.1510 – $0.1520
Major Resistance: $0.1547
Support: $0.1462
Major Support / Target: $0.1458
💼 Trade Setup (Short Entry):
Entry Zone: $0.1495 – $0.1509 (upon rejection confirmation)
Targets (TP):
TP1: $0.1462
TP2: $0.1458
Stop Loss (SL): $0.1520 (above resistance)
📊 Market Outlook:
Price action is forming lower highs with rejections from resistance, indicating potential for further downside towards the $0.1458 support if bears sustain pressure in upcoming sessions.
⚠️ Risk Management:
Use strict SL above resistance levels. Risk only 1-2% of your capital per trade to maintain long-term account growth.
buy and trade here on $SHELL
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