$SHELL /USDT ā Short trade is a go! ā ļøš
Current Price: $0.1395
š» Quick Market View:
After a nice pump, Shell is looking tired near the $0.1464 resistance. The price is now pulling back sharply with a series of red candles on the 30-minute chart, suggesting it might head lower.
š Important Levels:
Resistance: $0.1464
Support: $0.1350 ā $0.1360
24H Low: $0.1235
š Short Trade Plan:
Entry Zone: $0.1395 ā $0.1410
Take Profit 1: $0.1355
Take Profit 2: $0.1310
Take Profit 3: $0.1260
Stop Loss: $0.1468
š Market Insight:
$SHELL is rejecting a key resistance level, and a bearish engulfing pattern is forming. The failed breakout and rising selling volume are early signs of a downward correction.
š” Pro Tip:
Try to enter on a retest of the $0.1400 area with a tight stop loss. This could be a good opportunity for quick short trades aiming for the middle targets as momentum weakens.
