$SHELL /USDT – Bearish Pressure After Breakdown Below Support!
Price: $0.1814 (-12.49%)
24h High / Low: $0.2084 / $0.1793
24h Volume: 26.39M SHELL / 5.15M USDT
Timestamp: 2025-05-02 18:00 (UTC)
Momentum Analysis:
SHELL faced strong rejection near $0.2084 and broke down key support at $0.1894. Bearish momentum is increasing with rising sell volume, testing intraday support at $0.1793. If it holds, expect potential relief bounce; if lost, further downside may follow.
Long Setup (High Risk):
Entry Zone: $0.1760 – $0.1810
Targets:
T1: $0.1894
T2: $0.2025
T3: $0.2157
Stop Loss: $0.1720
Breakout Confirmation Level: $0.1894
Key Support: $0.1763
Pro Tip for Traders:
Watch for volume spikes and price reaction at $0.1763. Avoid FOMO—confirmation is key before entry. Great for scalping if support holds.
Order Book Depth (Sell Levels):
$0.1894
$0.2025
$0.2157
$0.2288
$0.2389
$0.2419
Order Book Depth (Buy Levels):
$0.1814
$0.1793
$0.1763