$SHELL /USDT SHORT TRADE SETUP – BEARISH REJECTION FROM HIGH 💯 🔥 Take Entry For Big Profit
Current Price: 0.1712
Market Structure: Price surged from 0.1511 to 0.1792 but faced a strong rejection at the top, followed by heavy selling pressure in consecutive red candles.
ENTRY LEVEL:
Enter short between 0.1715 – 0.1725 after a small upward pullback.
STOP LOSS:
Place stop loss above 0.1755 to avoid risk from sudden bullish recovery.
TARGET POINTS:
TP1: 0.1680
TP2: 0.1645
TP3: 0.1600
TRADE ANALYSIS:
SHELL has shown a sharp upward rally but failed to sustain above 0.1790, triggering a quick reversal. This indicates short-term profit-taking and a potential retracement before any further bullish attempt. A pullback entry with tight risk control may favor short positions in the near term.