$SHELL / Short Trading Signal 🚦🛑
Bearish rejection at resistance area – Active short setup!
It just tested a critical resistance area around $0.1801 – $0.1807 and showed a sharp rejection with a long upper wick.
This is a typical bearish signal on the 30-minute chart, indicating that sellers are stepping in strongly.
The price is now retracing towards lower support areas with increasing volume pressure.
Always respect your stop loss — a close above $0.1810 invalidates the setup.
Trading Setup (Short):
Entry: $0.1785 – $0.1801
Targets:
1: $0.1749
2: $0.1720
Stop Loss: $0.1809
Buy and trade here on $SHELL
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