💥$SHELL /USDT Breaking Out with +20.19% Gains!🔥
🌟Current Price: 0.2036 USDT (+20.19%)
🌟24-Hour High: 0.2333 USDT (Key Resistance Zone)
🌟24-Hour Low: 0.1689 USDT (Critical Support Zone)
Volume (24H):
🌟SHELL: 102.48M
🌟USDT: 20.50M
SHELL has shown strong bullish momentum, briefly testing the 0.2333 USDT resistance before pulling back—highlighting active profit-taking and renewed volatility.
⚡Technical Indicators 🧩
Bollinger Bands: Widening, indicating an ongoing volatility expansion phase.
RSI: Nearing overbought conditions—watch for early reversal patterns, especially near resistance.
MACD: Displays positive divergence, confirming strong underlying bullish momentum.
Trendlines: The key yellow zones at 0.1689 USDT (support) and 0.2333 USDT (resistance) will define the next major moves.
⚡Trading Setup 📝
🎖️Bullish Scenario
Type: Breakout Continuation
👉Entry Point: Above 0.2050 USDT (validated by strong volume).
👇Take-Profit Targets:
🎯TP1 (1:1 Risk-Reward): 0.2200 USDT
🎯TP2 (1:2 Risk-Reward): 0.2300 USDT
💢Stop Loss: Below 0.2020 USDT
🎖️Bearish Scenario
Type: Pullback Trade
👉Entry Point: Below 0.2020 USDT (confirmed resistance rejection).
👇Take-Profit Targets:
🎯TP1 (1:1 Risk-Reward): 0.1950 USDT
🎯TP2 (1:2 Risk-Reward): 0.1900 USDT
💢Stop Loss: Above 0.2050 USDT
⚡Risk Management Strategy ⚠️
In the Bullish Setup, move Stop Loss to Breakeven after hitting TP1 (0.2200 USDT) and secure partial profits (~50%).
In the Bearish Setup, shift Stop Loss to Entry after reaching TP1 (0.1950 USDT) to protect gains.
⚡Key Observations ✍️
1. Confirm all breakouts or pullbacks with volume spikes to avoid getting trapped.
2. Watch the 0.2333 USDT resistance closely—a breakout here could open a strong continuation wave.
3. Prioritize discipline over prediction; react to the setup rather than anticipate it.
Disclaimer: #DYOR*
Buy Or Trade With Me On $SHELL
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