$SHELL / USDT Potential Long Reversal Trade Setup
Setup: Potential Long Reversal after significant drop and testing a new low.
Entry: $0.1830 - $0.1835 (around the current price, looking for bullish confirmation)
Stop Loss: $0.1790 (just below the recent low)
Targets:
* $0.1860 (EMA(7))
* $0.1900
* $0.1960 (EMA(25))
Confirmation:
* Bullish candlestick forming after the drop.
* Increasing buying volume.
* Price breaking above short-term resistance levels.
Risk/Reward: ~1:2 to 1:3+
Leverage: 1x-3x (very high volatility after a strong move, manage risk carefully)
Watch for: Strong bullish momentum to confirm the reversal. Be cautious if the price breaks below $0.1790.
Trade here: click $SHELL