📉
$SHELL / USDT — BEARISH MOMENTUM BUILDING (1H) 👀
$SHELL is showing clear weakness after failing to reclaim the 0.0470–0.0475 resistance zone.
Price is now hovering around 0.0460, printing a lower high and slipping below the short-term pivot — a classic sign that sellers are taking control.
🔍 What the chart is telling us:
❌ Rejection at key resistance
📉 Lower high formed
⚠️ Bullish momentum fading
🐻 Bearish pressure increasing on 1H
🎯 Trade Idea: SHORT
📍 Entry Zone: 0.0458 – 0.0468
🎯 Targets:
• TP1: 0.0448
• TP2: 0.0435
• TP3: 0.0420
🛑 Stop-Loss: Above 0.0480
📌 Bias:
Bearish as long as price stays below 0.0475.
Continuation toward 0.0448 → 0.0435 is favored while resistance holds.
🔄 Invalidation:
A strong reclaim and hold above 0.0480 flips the bias back to bullish — shorts invalidated.
🧠 Trader mindset
Trade the structure.
Respect invalidation.
Let price confirm direction.
Stay disciplined, Binance Square fam 💙🔥
#SHELL #CryptoTrading #ShortSetup #TechnicalAnalysis #BinanceSquare