SHELL/USDT: Fresh Momentum Kicking In – Get Ready for the Next Wave
SHELL is showing strong bullish momentum after consolidating between 0.1583 and 0.1670. A breakout above minor resistance has already pushed the price higher, signaling that buyers are regaining control.
Current Price: 0.1755 USDT
24h Change: +11.15%
Technical Outlook:
Support Zone: 0.1670 – 0.1700 (previous resistance turned support)
Immediate Resistance: 0.1765
Major Resistance: 0.1850 – 0.1929 (recent local top)
Indicators Flashing Bullish:
MACD crossover is forming on the 1H chart, signaling fresh upside momentum.
Parabolic SAR dots are flipping closer, indicating a potential continuation of the current trend.
Volume spike confirms real buying interest behind this move.
Scenarios to Watch:
Bullish Continuation:
Break and close above 0.1765 targets 0.1850, and then a push towards 0.1929.
Bearish Pullback:
Rejection at 0.1765 could trigger a retest of 0.1700, with deeper support at 0.1650.
Strategy:
Watch for clean breakout candles above 0.1765 for long setups.
Maintain tight risk management below 0.1650 in case of a reversal.
Summary:
Momentum is favoring the bulls, but staying dynamic is key. SHELL is preparing for its next big move — be ready to ride the wave or step aside.