Technical analysis of coin #SHELL

Token SHELL is trading at **$0.2274**. After a recent rise, the price has stabilized in a range, attracting traders' attention to key levels. The coin continues to show interest amid global positive sentiments in the market.

📊 **Market data:**

💰 **Price:** $0.2274

🔄 **24-hour range:** $0.2150–$0.2400

📈 **Trading volume:** ~$12 million

💎 **Market capitalization:** ~$220 million

🧾 **In circulation:** 965 million SHELL

🔢 **Max supply:** 1.2 billion SHELL

🔍 **Indicators:**

📉 **RSI (14d):** 51.70 — neutral zone

🟠 **50-day SMA:** $0.2150

🔵 **200-day SMA:** $0.1800

The price is held above the 50-day SMA, confirming a bullish trend. The RSI indicator points to potential upward movement, but it is important to watch for reactions at key resistance levels.

🔮 **3-month forecast:**

✅ Bullish scenario:

If it holds above **$0.2400**, we can expect a rise to **$0.2600–$0.2800**.

Breaking the level of **$0.2800** will open the way to **$0.3000**.

❌ Bearish scenario:

A downward break of **$0.2150** will intensify selling pressure.

A drop below **$0.2000** will lead to a decline in the **$0.1700–$0.1500** zone.

⚠️ **Key level to maintain the trend:** **$0.2150**.

We are monitoring trading volumes and external factors

$SHELL