$SHELL Coiling for Breakout! | High Momentum Setup Ahead
📈 Long Setup:
Entry: Break and close above $0.2170, with a retest of $0.2010 as support
Take Profit 1: $0.2242
Take Profit 2: $0.2300
Take Profit 3: $0.2400
Take Profit 4: $0.2500
Stop Loss: $0.1900
🧠 Why This Trade?
Strong 1.17% price move with higher highs and higher lows
Trading near the top of today's range — bullish momentum intact
Bollinger Bands expanding, showing potential for continuation
Holding solidly above the 20 SMA ($0.2015) — key bullish sign
Volume breakout confirmation needed for safer entry
🔑 Key Levels to Watch:
Immediate Support: $0.2150 → $0.2100
Immediate Resistance: $0.2242 → $0.2300 → $0.2400