$SHELL FADES AFTER +15% SURGE—STILL HOLDING KEY SUPPORT
$SHELL is trading at $0.2097 after a +15.03% rally, but it’s now consolidating near the session low with signs of exhaustion. Price action is holding right at the support level—next move will be decisive.
Key Levels to Watch
• Resistance Zone: $0.2135 – $0.2180 — Bulls must break above this to resume upside momentum.
• Support Zone: $0.2080 – $0.2100 — A breakdown below could open room for a deeper correction.
Trade Setup – Testing the Floor
Bullish Scenario:
• Entry: Above $0.2135
• TP1: $0.2210
• TP2: $0.2300
Bearish Scenario:
• Entry: Below $0.2080
• TP1: $0.2000
• TP2: $0.1910
Stop-Loss: Longs below $0.2080; shorts above $0.2145.
$SHELL is hanging by a thread—watch closely for either a strong rebound or a flush lower.