$SHELL upward momentum
📊 Chart & Technical Overview
Support Zone: $0.12–$0.13 — structural base near ATL, price bounced here multiple times .
Resistance Levels:
TP1: $0.16 — recent bounce high on spot charts
TP2: $0.20–$0.22 — mid-to-long-range target zone .
Indicators:
Moving average panel on TradingView remains neutral but leaning bearish; oscillators near oversold ﹣ bottleneck hint .
Daily timeframe shows mixed-to-bearish ratings, but recent MACD/RSI suggests momentum may bottom soon .
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🎯 Short-Term Trading Strategy: Buy the Dip
**📍 Entry Zone:** $0.12–$0.13 (strong support band)
**🛑 Stop-Loss:** Below $0.118 – prevents breakdown risk
🎯 Targets:
1. TP1: $0.16 – psychological resistance
2. TP2: $0.20–$0.22 – medium-range swing zone
Smart Money Play: Ladder into positions across support zone. Add more if price breaks over $0.14 on above-average volume (~$18–20M). Once it clears $0.16, trail stops under breakout base.
🛑 Disclaimer
This is educational content, not financial advice. SHELL is volatile. Always do your own research (DYOR), apply risk controls, and trade within your risk capacity.