$SHELL /USDT Short Trade Alert: Bearish Momentum Signals Further Downside Risk! 💯🔥
SHELL/USDT is showing clear signs of weakness, currently trading at $0.2464, down by 12.93% in the last 24 hours. The price is breaking down toward the 24-hour low of $0.2463, indicating sustained selling pressure. The consistent downtrend and failure to hold key support levels reflect growing bearish momentum. If this trend continues, SHELL/USDT could test lower support levels in the near term.
Trade Setup:
• Entry Price: $0.2460 – $0.2480
• Take Profit: First target at $0.2300, extended target at $0.2150
• Stop Loss: $0.2580
Additional Insight: The price action is forming lower highs and lower lows, which confirms the bearish structure. Increased selling volume suggests that sellers are in control. If the price fails to reclaim $0.2500, the downside could accelerate toward the next support at $0.2300. Watch for a potential bounce near that level, but any recovery without volume confirmation should be treated with caution.
