Trade Alert for SHELL/USDT!
SHELL/USDT is currently showing a strong upward trend, with a current price of $0.1583 and a gain of 12.59%. After a prolonged downward trend, this token has now formed a clear upward trend, indicating renewed interest from traders based on increasing volume. The daily chart shows that the price has broken above significant resistance, which is a sign of a trend reversal.
Short-Term Trading Idea:
Entry Area: $0.1560 - $0.1590
First Target: $0.1750 (High price of the last 24 hours)
Second Target: $0.1950
Stop Loss: $0.1440 (Below near support)
Volume and price movement indicate a good opportunity for short-term gains. Traders should raise their stop loss to the entry price after hitting the first target. Take advantage of the opportunity, but do not forget risk management!
If you want a deeper technical analysis or explanations on risk management, just let me know.
If you wish, I can also prepare this post for you for social media (like Telegram, Facebook, or Twitter).$SHELL