$SHELL Breaks Out Clean – Eyes on Psychological Barrier Ahead
SHELL/USDT posted a solid +11% gain, breaking out strongly from the $0.1800 accumulation zone and tagging the round-number resistance of $0.2000. This move was supported by a sharp volume spike, showing clear signs of bullish conviction.
Price is currently consolidating just below $0.2000. If bulls flip this key level into support, a fresh leg higher could follow swiftly.
Key Technical Zones:
• Support: $0.1760 – $0.1810
• Resistance: $0.2000 – $0.2125
Trade Setup – Bull Flag or Launchpad?
• Entry Zone: $0.1920 – $0.1960
• Stop Loss: Below $0.1790
• Target 1: $0.2060
• Target 2: $0.2150
• Target 3: $0.2250+
SHELL is breaking structure with strength. With volume and momentum aligned, a close above $0.2000 could ignite a strong move toward the next liquidity zone. Watch price action closely – momentum is on the bulls’ side.