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Technical Analysis for $SHELL
/USDT: Bullish Momentum Ahead
Looking at the recent performance of SHELL/USDT, the market shows strong potential for upward movement. Based on the current price structure and technical indicators, here's the analysis:
Key Levels:
Entry Level: 0.1900 USDT
Stop Loss: 0.1800 USDT
Target Levels:
First Target: 0.1950 USDT
Second Target: 0.2050 USDT
The market has been showing a steady rise with a 7-day gain of 4.90% and a 1-year growth of 18.23%. Watch for price action at the support level of 0.1850, as a bounce from here could trigger upward momentum towards the targets.
Stay sharp and manage risk wisely!