🚨 $SHELL Setup 🚨
EMA strongly suggesting Buy
🎯 Targets:
TP1: $0.2235 🎯
TP2: $0.2258 🎯
TP3: $0.2299 🚀
📈 Technical Analysis:
$SHELL is pressing against key horizontal resistance at $0.2208 after recovering from recent lows. Price action is tightening just above support, now trading at $0.2215 (-1.94%), hinting at a breakout attempt backed by short-term bullish momentum.
🔑 Key Support/Resistance Zones:
Support: $0.2166
Resistance: $0.2235 / $0.2299
A candle close above $0.2210 with volume could trigger a breakout move toward layered resistance levels.
📊 Volume Insight:
Volume has been building gradually beneath resistance — a spike during the breakout would validate bullish continuation. Watch $0.2225+ for momentum confirmation.
⚠️ Risk Management Tip:
Use a stop-loss at $0.2166. Secure partial gains as targets hit, especially near TP1 and TP2, and let the rest ride with a trailing stop if momentum stays strong.
#SHELL #CryptoSetup #BreakoutZone #BinanceTrading
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📌 Disclaimer:
This idea is based on technical chart analysis for educational purposes. Manage risk appropriately and trade responsibly.