$SHELL /USDT TECHNICAL ANALYSIS – BULLISH SETUP AHEAD
The $SHELL /USDT pair is showing signs of a bullish continuation after consolidating near recent support levels. The price has respected the 24h low zone around $0.0828 and is pushing upwards, confirming buying strength with increasing volume. Moving averages (MA and EMA) are aligning for upward momentum, and the MACD is trending positively, signaling bullish momentum.
Entry: Long position at breakout above $0.0930
Targets:
$TP1: 0.0953 (near recent resistance)
$TP2: 0.0978 (next key resistance)
Stop Loss: Below $0.0887 to protect against false breakouts
Risk Management: Use a maximum risk of 2% per trade. Adjust position size accordingly and trail SL to breakeven once TP1 is reached.
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