[TRADE SETUP] — $SHELL (SHELLUSDT Perp)

Status: Active Watch

Last Price: $0.1904 (+12.86%)

Technical Outlook:

Price rebounded strongly, currently testing resistance around the 10-day MA & mid Bollinger Band near $0.1950.

Watch for breakout confirmation above this level with supporting volume.

Entry (Trigger):

Buy on breakout above ~$0.1950 with notable volume confirmation.

Stop-Loss:

Below $0.1854 to protect against a false breakout or reversal.

Targets:

Primary Target: ~$0.2030

Secondary Target: ~$0.2057

(Consider trailing stop once $0.2030 is hit)

Risk Management:

Position sizing based on risk to stop-loss level.

Adjust stop-loss and targets dynamically if volume or momentum shifts.

Tighten stops if price struggles near $0.2030 or stalls on low volume.

Future Strategy (if no breakout today):

Wait for consolidation near support ($0.1850–$0.1880).

Reassess on pullback to support or breakout above $0.1950 with increased volume.

Avoid entries on weak volume or during chop zones.

Trade Here 👉$SHELL