$SHELL — SELLERS TEST THE BUYERS' DEFENSE
$SHELL recorded long liquidations near $0.03131, showing that leveraged buyers were forced to exit. The next recovery attempt will be important for determining whether selling pressure continues.
$SHELL — SHORT
Entry: 0.0311 – 0.0315
SL: 0.0323
TP1: 0.0305
TP2: 0.0298
TP3: 0.0290
TP4: 0.0280
If SHELL cannot reclaim $0.03131, sellers may have an opportunity to push the price lower. A failed recovery followed by renewed selling would support this scenario. Buyers returning with strong volume could change the picture, so confirmation matters more than the liquidation figure alone.
#TradFiForBeginners
#USPPIMissMayEaseBTCPressure
#WhatWillDriveCryptoandStocks’NextRebound?
#Binance
$SHELL recorded long liquidations near $0.03131, showing that leveraged buyers were forced to exit. The next recovery attempt will be important for determining whether selling pressure continues.
$SHELL — SHORT
Entry: 0.0311 – 0.0315
SL: 0.0323
TP1: 0.0305
TP2: 0.0298
TP3: 0.0290
TP4: 0.0280
If SHELL cannot reclaim $0.03131, sellers may have an opportunity to push the price lower. A failed recovery followed by renewed selling would support this scenario. Buyers returning with strong volume could change the picture, so confirmation matters more than the liquidation figure alone.
#TradFiForBeginners
#USPPIMissMayEaseBTCPressure
#WhatWillDriveCryptoandStocks’NextRebound?
#Binance