🚨 Attention😷 $SHELL Short Alert: Don't Get Trapped by the Long Hype! A Dump Could Be Coming
don't FOMO into a long position. $SHELL pumped massively from $0.019 to $0.0505. After such a strong move, this small pullback or bounce could trap late buyers.
The price is showing signs of weakness, so I'm watching for a short opportunity.
Chart & Technical Breakdown
Weak Momentum: Price faced rejection near $0.0505 and is now under selling pressure.
RSI & EMAs: RSI(6) is around 56.69, showing a possible shift in momentum.
Watch the Bounce: Don't blindly chase the pump. Wait for confirmation before entering.
Short Trade Plan
Entry Zone $0.038 – $0.034
Stop Loss $0.044
Take Profit Targets:
TP1: $0.028
TP2: $0.025
TP3: $0.023
don't FOMO into a long position. $SHELL pumped massively from $0.019 to $0.0505. After such a strong move, this small pullback or bounce could trap late buyers.
The price is showing signs of weakness, so I'm watching for a short opportunity.
Chart & Technical Breakdown
Weak Momentum: Price faced rejection near $0.0505 and is now under selling pressure.
RSI & EMAs: RSI(6) is around 56.69, showing a possible shift in momentum.
Watch the Bounce: Don't blindly chase the pump. Wait for confirmation before entering.
Short Trade Plan
Entry Zone $0.038 – $0.034
Stop Loss $0.044
Take Profit Targets:
TP1: $0.028
TP2: $0.025
TP3: $0.023
