đŸ”» $SHELL – Rejection at Resistance, Bearish Move Ahead?

SHELL
SHELLUSDT
0.02909
-2.31%

$SHELL just faced a strong rejection at a critical resistance zone around 0.1426, forming a potential lower high. After a sharp pump, sellers stepped in, pushing price back below the breakout level — signaling a possible fakeout.

📉 Short Trade Setup

‱ Entry Zone: 0.1408 – 0.1409

‱ Take Profit: 0.1351

‱ Stop Loss: 0.1426

‱ Structure: Double rejection from resistance

‱ Strategy: High-risk reward scalp for trend-followers

Watch this level closely. If the resistance holds, a strong downside continuation could follow.

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