$SHELL exploded from 0.0548 to 0.0686 in a single vertical move, showing a strong momentum spike after a period of slow consolidation. This type of impulse usually cools off before the next wave, so the smart approach is to wait for a healthy pullback instead of jumping in at the top of the candle. If buyers defend the mid-range support, continuation remains highly possible.

Trade Setup:

Entry Zone: 0.0600 – 0.0625

TP1: 0.0670

TP2: 0.0705

TP3: 0.0740

Stop-Loss: 0.0580