🚨 $SHELL /USDT – The Bears Are Moving In! 🔥
SHELL is showing signs of exhaustion, struggling to hold its highs.
A potential ascending channel breakdown is forming, and a rejection at resistance suggests sellers are gaining control.
Is this the moment for a sharp drop? Let’s break it down!
🔍 Market Insights – Why Bears Have the Upper Hand:
✅ Strong rejection from $0.3619 resistance – bulls losing steam!
✅ Price struggling to hold support – momentum shifting downward!
✅ A break below $0.3350 could trigger a deeper slide!
📉 Short Trade Setup – Where to Enter & Exit:
🔥 Entry Zone: $0.3450 – $0.3550 (Perfect risk-to-reward setup!)
🎯 Target 1: $0.3350 – First major support!
🎯 Target 2: $0.3200 – Previous structure breakdown!
🎯 Target 3: $0.3100 – Critical retest zone!
🛑 Stop Loss: $0.3620 (Protect your capital!)
📌 Key Levels to Watch:
🔹 Resistance: $0.3619 (24h high – tough barrier for bulls!)
🔹 Support 1: $0.3200 (Key structure level!)
🔹 Support 2: $0.3100 (Breakout retest zone – potential target!)
💡 Smart Trading Tips:
⚡ Wait for a slight pullback before entering for an optimal short!
⚡ Lock in profits at TP1 & trail your stop-loss for risk-free trading!
⚡ Watch for volume spikes on breakdowns—stronger volume = bigger drop!
🚨 Is $SHELL about to roll over and tumble? The setup is clear—are you taking this short trade or waiting for confirmation? 🔥