🚨 $SHELL SHORT WATCH — $0.0240 COULD BE THE NEXT DOWNSIDE TARGET!
Guys, $SHELL has delivered an impressive rally of over 67%, climbing from $0.01856 to $0.03387. However, after such a massive upward move, the possibility of profit-taking and a short-term correction is increasing.
POTENTIAL SHORT SETUP
Entry Zone: $0.0340 – $0.0365 (only after confirmed rejection)
TP1: $0.0304
TP2: $0.0273
TP3: $0.0240
Stop Loss: $0.0425
KEY LEVELS TO WATCH:
A rejection around $0.03387 could signal weakening bullish momentum. If sellers manage to push the price below $0.0304, a deeper correction toward $0.0273 and potentially $0.0240 may follow.
However, buyers are still showing strength, and a bearish reversal has not been confirmed yet.
Don't rush into short positions or use excessive leverage while bullish momentum remains active. Wait for confirmation before making a move.
Is $SHELL finally approaching a major turning point, or can the bulls push even higher?
Guys, $SHELL has delivered an impressive rally of over 67%, climbing from $0.01856 to $0.03387. However, after such a massive upward move, the possibility of profit-taking and a short-term correction is increasing.
POTENTIAL SHORT SETUP
Entry Zone: $0.0340 – $0.0365 (only after confirmed rejection)
TP1: $0.0304
TP2: $0.0273
TP3: $0.0240
Stop Loss: $0.0425
KEY LEVELS TO WATCH:
A rejection around $0.03387 could signal weakening bullish momentum. If sellers manage to push the price below $0.0304, a deeper correction toward $0.0273 and potentially $0.0240 may follow.
However, buyers are still showing strength, and a bearish reversal has not been confirmed yet.
Don't rush into short positions or use excessive leverage while bullish momentum remains active. Wait for confirmation before making a move.
Is $SHELL finally approaching a major turning point, or can the bulls push even higher?
