$SHELL
– Post-Pump Reversal Watch 🐚
SHELL spiked from ~0.020 to 0.0505 (+150%) in a day, tapped the Premium zone and got rejected hard. Price now sits at 0.0336 in Equilibrium. 15m shows a bearish CHoCH, 5m BOS down, lower highs on 1H.
📉 Plan (Short bias, scalp/day trade):
Entry: retest 0.0355–0.0365 with rejection Stop-loss: 0.0380 TP1: 0.0315 TP2: 0.0300 R:R ≈ 1:2 to 1:3
⚠ Alt: if 0.0315 gets swept and reclaimed, a quick long bounce to 0.0355 is possible. Don’t chase the lows.
Low-cap, no clear catalyst found, so expect violent wicks both ways. Use low leverage, risk 1–2% per trade, always set SL.
Not financial advice. DYOR.
#SHELL #MyShell #CryptoTrading