📊 $SHELL USDT – Buy the Dip or Wait? 🔍

📅 May 2, 2025 | Timeframe: 1H & 15M

📈 Trend Overview:

Still trading within an ascending channel.

RSI & MACD show potential for a breakout but lack strong confirmation.

Price is holding above the MA-7 and Bollinger Band midline support.

📍 Entry & Targets

🔹 Entry Point:

Ideal Buy Zone: 0.216 – 0.225 USDT (aligned with BB lower band & MA-99 support)

Stop Loss: Below 0.215 USDT

🎯 Target Levels:

Target 1: 0.2349 USDT (upper Bollinger Band + minor resistance)

Target 2: 0.2450 USDT (previous major resistance zone)

Target 3: 0.2500 USDT (psychological + swing high level)

📊 Supporting Indicators:

1H MACD starting to lose momentum → wait for volume confirmation

15M RSI & MACD recovering from oversold → early bounce signs

Buy volume building slightly

🧠 Quick Summary:

✅ Buy on dip between 0.216 – 0.225

⛔ Avoid chasing price above 0.235 without clear volume breakout

⚠️ Use tight SL, breakout possible but not confirmed

📢 Disclaimer:

This is not financial advice. Always DYOR and use risk management.