Trade Setup
- *Pair*: SHELL/USDT
- *Trade Type*: Long
- *Current Price*: 0.1438
- *Entry Price*: 0.1445 (buy above this level)
- *Take Profit (TP)*: 0.1650
- *Stop Loss (SL)*: 0.1400
Technical Analysis
- *Consolidation*: The pair is consolidating around the key support level at 0.1444.
- *Bullish Momentum*: Signs of bullish momentum are present, indicating a potential breakout to the upside.
- *Breakout Level*: A break above 0.1500 could lead to further upside momentum.
Trading Strategy
- *Entry Point*: 0.1445 (buy above this level)
- *Take Profit*: 0.1650
- *Stop Loss*: 0.1400
Risk Management
- *Position Sizing*: Ensure proper position sizing to manage risk.
- *Stop Loss*: Set a stop loss to limit potential losses.
Market Analysis
The current market trend indicates a potential bullish reversal, with a breakout to the upside likely. Monitor the price action and adjust your strategy accordingly.$SHELL