It depends on the dosage and what you mean by "avoid shutdown".
If you administer scrotal cream once daily at 100 mg, most men will have an LH greater than 1 mIU/mL at trough, despite peaking at greater than 1,000 ng/dL total testosterone when measured later that day. Suppression is occurring here, but not complete shutdown. The pharmacokinetics of testosterone propionate are not substantially different from scrotal cream, so with some adjustment to dosage, you should be able to replicate that result: a suppressed, but not completely shut down HPT axis, evidenced by a detectable low-normal range LH level at trough.
If by "avoid shutdown" you mean you will maintain natural testosterone production and spermatogenesis near baseline levels, no, you will not do that without hCG.
Always when thinking about this topic, understand as a foundation that suppression / shutdown is not a binary concept. It exists along a wide spectrum, from 0% suppression, to 100% suppression, and every possible increment in between.