$SHELL USDT BEARISH BREAKDOWN – BEARS READY TO STRIKE DEEPER
$SHELLUSDT has confirmed a clear bearish structure, rejecting the supply zone around 0.1504 and continuing its downside momentum. The market is forming lower highs and sustaining below key support-turned-resistance zones, indicating strong seller control.
🔑 Key Levels:
Resistance: 0.1504 – 0.1510 (recent rejection zone)
Support: 0.1437 (target demand zone)
Current Price: 0.1468
📉 Trade Setup (Short):
Entry: 0.1468 – 0.1480 (current zone or slight pullback entries)
Take Profit: 0.1437
Stop Loss: 0.1504
📊 Short Market Outlook: Momentum remains bearish as price fails to reclaim the broken support zone near 0.1491. Bears maintain dominance below the 0.1504 resistance, with the next liquidity sweep expected towards 0.1437, aligning with structural lows.
⚠️ Risk Management: Use strict position sizing; risking max 1-2% of capital per trade. Avoid overleveraging in thin liquidity conditions.
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