$SHELL /USDT short trade signal 🚦 🛑
BEARISH SETUP — LOWER HIGH REJECTION COULD TRIGGER DOWNSIDE SLIDE!
Price faced rejection around the 0.2250 resistance zone after a weak retest, failing to break above the previous support-turned-resistance level. Sellers have stepped in with strong momentum, and the market is now forming a lower high pattern, indicating bearish pressure. If the price fails to reclaim 0.2240, further downside is likely.
Trade Setup:
Short Entry: 0.2235 – 0.2240
Take Profit (TP): 0.2176
Stop Loss (SL): 0.2255
Market Outlook:
Momentum is currently favoring bears as the structure continues forming lower highs and lower lows. A clean break below 0.2220 confirms the bearish move. Risk management is key — SL should be respected strictly if bulls regain control above 0.2255.
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